China set to overtake US as world’s biggest economy by 2028

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0 Our Reporter China will overtake the US to become the world’s biggest economy in 2028, five years earlier than previously anticipated, as it recovers faster from the coronavirus pandemic, according to the Centre for Economics and Business Research. “For some time, an overarching theme of global economics has been the economic and soft power struggle between the United States and China,” the London-based think tank CEBR said in an annual report published on Saturday. “The Covid-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favour.” China was the first country to report the coronavirus in...