Saturday, December 26, 2020

China to leapfrog U.S. as world's biggest economy by 2028, report says

 China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the Covid-19 pandemic, a think tank said.

The CEBR said China’s “skillful management of the pandemic,” with its strict early lockdown, and hits to long-term growth in the West meant China’s relative economic performance had improved.

The Japan Times 


China to leapfrog U.S. as world's biggest economy by 2028, report says

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