China became the world economic leader in the 2019

Source: Internet
Author: User
Keywords Faucet world economy
The Economist estimates that China could become the world's leading economy in 2019. The Economist estimates that if annual economic growth in the U.S. and China in the next 10 years is 7.75% and 2.5% respectively, while inflation is 4% and 1.5%, and the renminbi is 3%, China will overtake the US in 2019 to hold the world economy. If China's real economic growth falls to an annual average of 5%, and other conditions are unchanged, China will be able to win the United States in 2022 years. But America's GDP per capita remains more than 4 times times that of the Chinese. Chongqing Evening News
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