TOKYO – China is expected to overtake the United States by 2035 to become the world’s largest economy, based on both countries’ current growth trajectories, said prominent Chinese economist Zhu Min, a former deputy chief of the International Monetary Fund .
Dr Zhu was addressing a question on when the Chinese economy could overtake the US’ at a summit, Future Of Asia, organised by Japanese media giant Nikkei in Tokyo on Thursday. Said Dr Zhu, who is now vice-chairman of Beijing-based think-tank China Centre for International Economic Exchanges: “Don’t pay too much attention to aggregate GDP.”
Source: Financial Digest (financialdigest.net)
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