Article 5C31C China to overtake US as world's biggest economy by 2028, report predicts

China to overtake US as world's biggest economy by 2028, report predicts

by
Larry Elliott Economics editor
from on (#5C31C)

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.

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