Post
Topic
Board Economics
Re: China to overtake the Us as the largest global economy by 2028?
by
suzanne5223
on 27/12/2020, 15:14:27 UTC
I dont see the China overtaking the US as GDP is concern because aside the covid 19 issue which lead to recession of some countries China have home problem which I am sure will have lead to some big if the pandemic issue didnt happen. But, i think the US also need to join the Chinese by creating their own national digital currency.

I thought China has already overtaken the US this year, or was that just projection? I thought US gdp was around $24tr and China around $28tr or something similar (but with the 4tr+ difference).
According to the current GDP result provided by World Bank. The US is still leading China with $21.4 trillion GDP whilst China GDP was estimated as  $14.3 trillion. I dont know how accurate the result is though.