Chinese economy to overtake US 'by 2028' due to Covid

Chinese economy to overtake US 'by 2028' due to Covid

BBC·2020-12-27 06:00

image copyrightGetty Images

image captionChina is the only major global economy that will have expanded in 2020

China will overtake the US to become the world's largest economy by 2028, five years earlier than previously forecast, a report says.

The UK-based Centre for Economics and Business Research (CEBR) said China's "skilful" management of Covid-19 would boost its relative growth compared to the US and Europe in coming years.

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Economy