China to be world’s largest economy in 2025


KUALA LUMPUR: China could overtake the United States by 2025 to be the world’s largest economy and is anticipated to grow to about 130% the size of the United States by 2050, said Pricewaterhouse Coopers LLP. 

Its head of macroeconomics John Hawksworth said the global centre of economic gravity was already shifting to China, India and other large emerging economies and this process had a lot further to run. 

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