Global economic leader: China beats the US by 2032

SHANGHAI, CHINA - OCTOBER 23: In this photo illustration, a one hundred U.S. dollar banknote featuring Benjamin Franklin is on display by two one hundred Chinese yuans banknotes featuring Mao Zedong on October 23, 2007 in Shanghai, China. The Chinese yuan, also called RMB, is at its highest, now quoting 7.50530 to the U.S. dollar. (Photo by Lucas Schifres/Getty Images)
The growth of the Chinese economy could exceed the GDP of the United States by 2032, thus becoming the world economic leader, while France would, in turn, beaten by India, predicts the Center for Economic Research and Business (Center for Economics & Business Research, CEBR).

As a result of its research, the Center for Economic Research and Business Research (CEBR) said China’s GDP would surpass that of the United States by 2032, taking first place in list of world economic powers.

In addition, experts believe that next year, India could take the 4th position, beating the United Kingdom and France. At the same time, around 2027, India could also overtake Germany and Japan.

It would become in the second half of the twenty-first century one of the world’s largest economic powers.

Thus, researchers say that among the economic leaders according to their GDP in 2032, one will find China, the United States, India, Japan, Germany, Brazil, the United Kingdom, South Korea, France and Indonesia.

In addition, CEBR economists predict that in 25 years among the top ten economic powers, we can see South Korea and Indonesia taking the place of Italy and Canada.