MOSCOW, January 26. The United States is ahead of China in the race to become the world's top economy in 2023, Bloomberg writes.
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“Over the past year, American GDP grew by 6.3% in nominal terms, and China’s by 4.6%,” the publication says.
By According to the agency, such results show a broader trend that the US economy is emerging from the COVID-19 crisis in a better position than China's economy.
«This is a stunning reversal of fortune,» said Eswar Prasad, former head of the IMF's China division and a senior professor of international trade policy at Cornell University.
Earlier, the Times newspaper, citing a report from the British Center for Economic and Business Research, reported that the Chinese economy continues to grow, despite the crisis in the real estate market, but it will not be able to overtake the United States and become the largest economy until 2037.