Source: Mail online
China will overtake America to become the world’s biggest economy in just 10 years, according to a report.
The U.S. has been the world’s economic leader for more than a century, but now, a huge rise in consumer spending in China is expected to see it passed in 2024.
Chinese consumer spending is predicted to triple over the next decade, according to an IHS report – increasing from $3.5trillion to $10.5trillion.