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China to Lead World Economies by 2050

LONDON – Chinese economy would dominate the world by 2050 leaving behind the world’s biggest economic power America.

According to an international media, economist intelligence group has predicted that China economy would rise by 10 percent in 2050 with an estimate of 10 trillion dollar. However, the American economy would rise by only 4 percent till 2050.

The report also hinted that economies of Mexico and Indonesia were also expected to leave behind Russia and Italy in the world economic ranks.

America would comprise second position in the list with china earning first position in the world economic list, said economist intelligence group.

Furthermore, China and America would be followed by India, Indonesia, Japan, Germany and Brazil whereas France and Britain would slip down to 9th and 10th position.

The experts were optimistic of the Indian economy till 2050 with an increase of 31 percent considering it a tremendous achievement.

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