Home » World » The global economic outlook… “In 2028, China surpassed the US to become an economic powerhouse”

The global economic outlook… “In 2028, China surpassed the US to become an economic powerhouse”

US President Donald Trump, who visited China on November 9, 2017, enters the venue with Chinese President Xi Jinping to meet business leaders. Reuters = Yonhap News

– As China overcomes the economic impact of the novel coronavirus infection (Corona 19) relatively quickly, it is predicted that by 2028 it will surpass the United States and become the world’s number one economic powerhouse.

Bloomberg news agency reported on the 25th (local time) that the UK Think Tank Institute for Economic Management (CEBR) made such a forecast in a report on the’League Table’.

In a report released at the end of last year, CEBR predicted that China’s economy will surpass the United States in 2033, but that point has been advanced five years in one year due to Corona 19.

CEBR also predicts that China will enter high-income countries by 2023.

Earlier, Chinese President Xi Jinping said last month that in accordance with the five-year economic plan to achieve socialist modernization within 15 years, it could double the size of the economy in 2035.

Bloomberg news agency emphasized that “China is the country that suffered the first economic decline due to the coronavirus outbreak, but according to Chinese government statistics, the economy has recovered rapidly.” did.

Meanwhile, the report predicts that India will become the world’s three largest economy in 10 years.

Reporter Jeong Hye-jeong [email protected]



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