When exactly will China rule the economic world?
Christopher Matthews / January 8, 2014 / www.reuters.com
Christopher Matthews at TIME takes a look at how long it will take for China to overtake the United States as the world’s largest economy. Some economists, like Arvind Subramanian from the Peterson Institute for International Economics, predict that this is already the case, and the OECD suggests it will happen by 2016. The latest report on the topic, from the Centre for Economics and Business Research, estimates that the Chinese economy will overtake the American economy at a much later date: 2028.