The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a report showed on Sunday
Women pose for pictures at a shopping mall near the CCTV headquarters and China Zun skyscraper in BeijingLONDON - The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a report showed on Sunday.
India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's sixth biggest economy, Cebr said. "We hope that a relatively modest adjustment to the tiller will bring the non-transitory elements under control. If not, then the world will need to brace itself for a recession in 2023 or 2024."
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