Monday, December 25, 2017

China To Overtake U.S. Economy By 2032


Bloomberg: China to Overtake U.S. Economy by 2032 as Asian Might Builds

* CEBR publishes World Economic League Table and predictions
* Report sees India overtaking both U.K., France next year

The growing importance of Asia’s major economies will continue in 2018 and beyond, according to a league table that sees the region dominating in terms of size in just over a decade.

The report by the Centre for Economics and Business Research in London sees India leapfrogging the U.K. and France next year to become the world’s fifth-biggest economy in dollar terms. It will advance to third place by 2027, moving ahead of Germany.

Read more ....

WNU Editor: A lot of ifs in the above prediction. 

3 comments:

Anonymous said...

They will also be producing 3-4X more Co2 than the US by then, but somehow the burden falls on us...

Anonymous said...

Uhmm like 10 years ago China was said to overtake in 2025...what happened? Lol

fred said...

Not sure when that was said about China, but clearly they are moving up, and if this prediction is off by a few years, that is small matter, and thus your scoffing is foolish at best. It will happen. Sneer then.