China’s Economy #1

in the heat of the moments of US China rivalry, China takes the economy top spot in the world…

Looking at global at constant 2017 prices, but adjusted for purchasing power/cost of living, China was the biggest economy in the world in 2019, with an adjusted GDP of more than $22.5 trillion, according to the World Bank

While the Chinese economy is projected by the IMF to grow by a low 1.2 percent in 2020 due to the coronavirus pandemic, the U.S. in second rank is expected to see its $20.6 trillion GDP decrease by almost 6 percent.

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