China no longer seems destined to overtake the United States as the world’s leading economy any time soon. Goldman Sachs, which formerly projected that China would become the world’s largest economy by the mid-2020s, has pushed that date back to 2035. Some analysts think it will never happen.
Every nation’s economic growth is largely a product of productivity and demography. Neither of these is on China’s side.
Every nation’s economic growth is largely a product of productivity and demography. Neither of these is on China’s side.
MSN
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