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Goldman Sachs: China to overtake US economy in 2026
By Juwai, 08 December 2012
China will overtake the US as the world’s largest economy in 2026, according to new forecasts from Goldman Sachs, a decade after the bank’s Jim O’Neill predicted the ascent of the Brics. Chris Marshall reports for Citywire Money. December 7, 2011 -- The bank says in a new research paper that the ‘Great Transformation’ of the global economy is now ‘more than halfway complete’, a process that has been ‘reinforced’ by the global financial crisis.
