Long-run economic scenarios for the world economy show that US GDP growth is expected to surpass that of China in 2040, according to the OECD. By that time, China’s economy will be 77 per cent larger in international dollars than that of the US
In 2037, the economies of India and the US are expected to switch order too, as the world’s economic might shifts toward Asia. By 2060, China and India’s share of the of the global economy will be larger than that of all OECD countries combined. If one adds Indonesia, about half of the world’s economy will