A report by the Center for Economics and Business Research said CEBR, Based in Britain, that China will overtake the United States to become the largest economy in the world by 2028, due to the repercussions of the emerging virus (Covid-19).
The European News Network (Euronews) explained today, Saturday, that these results are five years before the previously announced expectations in this regard..
Al-Shabaka added that the report came within the framework of the annual World Economic Association’s schedule issued today, Saturday, where it confirmed that one of the effects of the recent global health crisis was “redistributing economic momentum so that the greatest progress is for Asia and the worst for Europe.“.
The report noted that “China’s skilled management of the epidemic” and the long-term impact that the epidemic will have on Western growth means that “China’s relative performance has improved.”
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