China’s Economic Size to Exceed the US by 2025
April 01, 2008 | BY
clpstaffChina will maintain its position as a favourable investment destination in the long run as the Chinese economy is expected to become the world's largest…
China will maintain its position as a favourable investment destination in the long run as the Chinese economy is expected to become the world's largest economy by 2025, overtaking that of the US, according to a new report from PricewaterhouseCoopers.
Investors have been cautious about market volatility recently. With the prospect of a US recession, investors may look to shifting their investments from the US to other countries.
“The global centre of economic gravity is already shifting to China, India and other large emerging economies, and our analysis suggests that this process has a lot further to run,” said John Hawksworth, head of macroeconomics at PricewaterhouseCoopers.
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