Predicting when China’s economy will become numero uno

The Economist has shared a great interactive chart using which one can predict when the Chinese economy will overtake the US. As per the IMF, this will occur in 2016 on purchasing power parity basis. Using the relative growth rates of the two economies, the difference in inflation (the GDP deflator) and the appreciation of the Yuan against the dollar, the Economist’s tool gives a target of 2018.

Read more at Becoming number one | The Economist.

 

The interactive chart is at

http://media.economist.com/sites/default/files/media/2010InfoG/Interactive/China_US_GDP_Dec18/main.swf

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