China's economy to surpass US in 2016: IMF
Updated: 2011-04-26 11:00
By Song Jingli (chinadaily.com.cn)
The International Monetary Fund (IMF) predicted that China's economy will exceed the United States' in 2016.
Correspondingly, China's share of the global economy will ascend from 14 percent to 18 percent, while the US' share will descend to 17.7 percent.
The Economist predicted on Dec 10, 2010 that China would overtake the US in terms of nominal GDP in 2019.
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