Centre for Economics and Business Research says it expects this to happen half a decade sooner than it forecast a year ago

China will overtake the US as the world’s biggest economy before the end of the decade after outperforming its rival during the global Covid-19 pandemic, according to a report.

The Centre for Economics and Business Research said that it nowexpected the value of China’s economy when measured in dollars to exceed that of the US by 2028, half a decade sooner than it expected a year ago.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Imperious Sarah Storey wins historic 17th Paralympic gold medal for Great Britain

Dame wins C4-5 road race; Crystal Lane-Wright claims silver Storey stands out…

From satanic panic to billion-dollar business: how Dungeons & Dragons conquered the world

A role-playing game born half a century ago in a Wisconsin basement…

‘We’re in fine fettle’: joy on Isle of Man as Covid lockdown ends

As pubs and cafes bustle back to life, islanders are thankful for…