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Recommend "Mark Weisbrot" - 2016 -- When China Overtakes the US (Email)

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Published on Thursday, April 28, 2011 by The Guardian/UK

http://www.guardian.co.uk/commentisfree/cifamerica/2011/apr/27/china-imf-economy-2016

After more than a century as the world's largest economy, the US will need to adjust to its declining global hegemony

by Mark Weisbrot

Various observers have noted this week that China's economy will be bigger than that of the United States in 2016. This comes from the International Monetary Fund's (IMF's) latest projections, which were made in its semi-annual April world economic outlook database. Since 2016 is just a few years away, and it will be the first time in more than a century that the United States will no longer be the world's largest economy, this development will be the object of some discussion – from various perspectives.


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