Security, Trade and the Economy Sravani Mamillapalli

Why China might not take over as the largest economy in the world

The Chinese economy has been booming in the past few decades. From 1970 to 2015, China’s GDP rose rapidly from 4.1% to 15.6%. Chinese GDP at 10.98 trillion USD (as of 2015) contributes to 21.2% of world GDP in 2015 and grew at an average rate of 7.3% for the past 3 years. The “Made Read More…