Trademagazin > News and articles > Market News > China could be the largest economy in the world in this decade
China could be the largest economy in the world in this decade
China is currently the world’s second largest economy, but given global trends in GDP growth, it could be a world leader ahead of the United States in this decade – origo wrote.
China’s GDP is expected to grow 8.2 percent this year, meaning the Asian giant will continue to outpace U.S. growth, RT.com rote.
In addition, China was the only large country to avoid declining its GDP in 2020, the year the coronavirus pandemic began. (origo)
Related news
Amazon hits back: responds to US tariff hike by canceling Chinese orders
A new chapter in the trade war in e-commerce –…
Read more >(HU) Dr. Matura Tamás: Előfordulhat, hogy az USA ledolgozza magát Kína szintjére
Sorry, this entry is only available in HU.
Read more >SHEIN invests $70m to empower supply chain partners by 2028
It also invested $7.5M in Southern China factory upgrades. SHEIN…
Read more >
More related news >
Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >