Friday, December 27, 2013

NBC News: Centre for Economics and Business Research Projects that China Will Pass the United States as the World's Number One Economy in 2028, a Much Later Date Than Previous Estimates

The People's Republic of China

The NBC News article is linked below.

NBC News: China's Economy Won't Pass the USA's until 2028, According to a New Estimate

"A new study says China won't eclipse the U.S. economy until 2028, much later than some analysts have suggested.

According to the London-based economic consultancy, the Centre for Economics and Business Research, China's rise to the world's number one economy will be much slower than previously thought, due to both strength in the U.S. economy and the relative slowdown in China's domestic economy."

---Katie Holliday, NBC News, CNBC

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