The coronavirus pandemic and its economic fallout will help China rise past the US to become the world’s largest economy, a new report shows. Beijing is now expected to overtake the US by 2028, as opposed to 2033, a UK think tank said in its latest report.
“We expect the United States’ share of global GDP to decline from 2021 onwards, and for the country to eventually be overtaken by China as the world’s largest economy,” the Centre for Economics and Business Research (CEBR) said in an annual report released on Saturday.
