A UK-based research institute has predicted that by 2028, China will overtake the United States as the world's largest economy.
In today's world, America and China are the two main competing economies. The UK-based Center for Economics and Business Research (CEBR) has made this prediction in their annual report. The annual report is published on Saturday.
It says that by 2028, the value of China's economy will surpass that of the United States. China is set to take the top spot in the economy five years earlier than previously predicted.
The British research institute reports that the coronavirus epidemic and the economic downturn have certainly put China at the forefront. The CEBR commends China for its efficient and efficient management of coronavirus.
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