Slowing Growth Delays China's Outperformance over the U.S.

  • International
  • 7 September 2023
1

Evidence has shown that China will not be able to make its economy the world's largest after confidence in it has plummeted, delaying its outtake of the United States by the target date, that is, before the end of this decade.

According to Bloomberg Economics, the Chinese will not be able to achieve their goal of sitting on the throne of the world economy before the mid-forties of this century at the earliest.

According to the agency's experts, if this happens, the superiority will be by a limited margin, before the Chinese economy falls to second place again.

Source (Al-Arab Newspaper of London, Edited)

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