The current-dollar value gap in gross domestic product (GDP) between the world’s two largest economies was reduced by about US$1 trillion to about US$6 trillion. Photo: Reuters The current-dollar value gap in gross domestic product (GDP) between the world’s two largest economies was reduced by about US$1 trillion to about US$6 trillion. Photo: Reuters
The current-dollar value gap in gross domestic product (GDP) between the world’s two largest economies was reduced by about US$1 trillion to about US$6 trillion. Photo: Reuters
China economy

China GDP: coronavirus helped Chinese economy trim US$1 trillion from gap with US in 2020

  • After recovering quickly from the pandemic, China gained almost US$1 trillion in ground on the United States economy in 2020
  • Some analysts now forecast China will overtake the US as the world’s biggest economy by 2028, ahead of Beijing’s official predictions

Topic |   China economy
The current-dollar value gap in gross domestic product (GDP) between the world’s two largest economies was reduced by about US$1 trillion to about US$6 trillion. Photo: Reuters The current-dollar value gap in gross domestic product (GDP) between the world’s two largest economies was reduced by about US$1 trillion to about US$6 trillion. Photo: Reuters
The current-dollar value gap in gross domestic product (GDP) between the world’s two largest economies was reduced by about US$1 trillion to about US$6 trillion. Photo: Reuters
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