27 Dec 2017
China to overtake the US economy by 2032 - CEBR
The latest report published by the Centre for Economics and Business Research (CEBR) on Tuesday, which highlighted the following (via Bloomberg):
“India is likely to overtake the UK and France next year to become the world’s fifth-biggest economy in USD terms. It will advance to third place by 2027, moving ahead of Germany.
In 2032, three of the four largest economies will be Asian -- China, India, and Japan -- and, by that time, China will also have overtaken the U.S. to hold the No. 1 spot.
India’s advance won’t stop there, which sees it taking the top place in the second half of the century.”