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New chart shows China could overtake the U.S. as the world’s largest economy earlier than expected
The latest GDP reports show that of the U.S. fell by 2.3% in 2020, while China’s grew by 2.3% amid the coronavirus pandemic.
The divergence means China will likely overtake the U.S. as the world’s largest economy a few years earlier than anticipated, economists said.
However, they pointed out the two countries have different economic structures, and China…
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