The US could lose its crown as the world’s most powerful economy as soon as next year, and it’s unlikely to ever get it back

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The United States of America could lose its position as the world’s biggest economy as soon as next year — and once that happens, it is unlikely to regain the top spot as developing Asian economies power…

  • Will Martin
  • Business Insider

According to research released this week by Standard Chartered Bank, China is likely to become the world’s biggest economy at some point in 2020, when measured by a combination of purchasing-power-parity exchange rates and…

Using PPP alone, China is already considered the world’s largest economy, but on a nominal basis the US remains in the lead.

Not only is China likely to overtake the US in 2020, but by 2030 it…

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