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China poised to pass U.S. as world’s leading economic power this year

China Daily Mail

Central Shanghai: China is likely to be the world's richest country by next year Central Shanghai: China is likely to be the world’s richest country by next year

The U.S. is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies.

The US has been the global leader since overtaking the UK in 1872. Most economists previously thought China would pull ahead in 2019.

After extensive research on the prices of goods and services, the ICP concluded that money goes further in poorer countries than it previously thought, prompting it to increase the relative size of emerging market economies.The figures, compiled by the International Comparison Program hosted by the World Bank, are the most authoritative estimates of what money can buy in different countries and are used by most public and private sector organisations, such as the International Monetary Fund

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3 Comments on “China poised to pass U.S. as world’s leading economic power this year”

  1. alakhtal says:

    I don’t know what kinda organic pot you’re puffing, never mind it ain’t good. You’re losing smoke from your leaking ass.
    Fuck IMF misleading stats! How the fuck China will surpass USA. If the minimum wage of 300 million Americans is $10.00 per hour thru 2017 while the minimum wage of 1.3B Chinese is $1.00 per hour

  2. […] China poised to pass U.S. as world’s leading economic power this year (punditfromanotherplanet.com) […]


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