A recent report put out by World Economic League Table (WELT) has predicted China will overtake the US as the world's leading economy in less than 15 years.
The WELT is highly regarded In economist circles and is very accurate in data analysis of the state of the world's economies.
The Report found even with President Donald Trumps aggressive campaign to help America's economy kick in again, It has not yet been enough to stop China from taking the Top spot in the future, although they did give US an extra year holding onto the top spot from last year's report.
The Report also revealed India is now the fifth largest economy in the world, knocking UK and France out of the Top 5.
Source:
https://www.trunews.com/article/report-china-to-overtake-u.s.-by-2032
I find change is accelerating so I can see this happening sooner than later! I think China is moving to be the new superpower. I hope they can lead in an ethical and environmental way.
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With Trump leading the US, China could take the lead before he leaves office after 3 years. :)
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Very likely :)
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The US has outsourced all of its industries and now other countries won't use the US dollars in their bilateral trades, plus the cryptocurrencies will deliver the final blow to the US dollar, sooner.
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Hello @wakeupworldnews , It is nice post. I am inviting your read my article on China History, Thanks
https://steemit.com/china/@nizam-ud-deen/decision-that-changed-the-destiny-of-china
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