The gap in GDP between China and the US will be magnified by high American inflation and a weaker yuan this year. Photo: AFP
China GDP: why red-hot inflation could slow Beijing’s bid to unseat the US as world’s No 1 economy
- The gap in gross domestic product between China and US will be magnified by high American inflation and a weaker yuan, says economist David Li Daokui
- Nominal economic gulf might hit headlines in the Western world and China must be ‘mentally prepared’ to deal with the hype, says ex-central bank adviser
The gap in GDP between China and the US will be magnified by high American inflation and a weaker yuan this year. Photo: AFP