Saturday, November 23, 2013

China's Rising Economy Could be World's Biggest by 2016

OECD Predicts Faster than Expected Growth for China

The Organization for Economic Cooperation and Development predicts
  • Chinese gross domestic product  growth will rise to 8.2% in 2014, driven by increased domestic consumer spending, and  
  • China could surpass the United States to become the world’s biggest economy by 2016.
Read more.