Experts See China as World’s 4th Largest Economy – and Climbing – David Barboza and Daniel Altman

From The New York Times:

Many economists have long suspected that official government statistics were a slighter shadow of reality.

With China’s announcement on Monday that its economy was far bigger than previously estimated, economists and financial prognosticators are scrambling to rethink their assessment of China’s rise and its role on the world stage.

China’s new figures suggest that it has likely passed France, Italy and Britain to become the world’s fourth-largest economy this year.

Now, some economists are even accelerating their timetables for when China might eclipse the United States as the world’s biggest economy. With the new economic figures, some experts said China could overtake the United States in 2035, instead of 2040.

Categories :

Tags :

SUPPORT CDT

Tweets

Google Ads 1

CDT EBOOKS

Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.