China Japan Usa India Germany covid-19 pandemic economy China Japan Usa India Germany

China's economy set to overtake US earlier due to covid-19 fallout

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coronavirus pandemic better than the West, according to the Centre for Economics and Business Research.The world’s biggest and second-biggest economies are on course to trade places in dollar terms in 2028, five years earlier than expected a year ago, it said on Saturday.China looked set for average economic growth of 5.7% a year from 2021-25 before slowing to 4.5% a year from 2026-30.While the United States was likely to have a strong post-pandemic rebound in 2021, its growth would slow to 1.9% a year between 2022 and 2024, and then to 1.6% after that.Japan would remain the world's third-biggest economy, in dollar terms, until the early 2030s when it would be overtaken by India, pushing Germany down from fourth to fifth.The United.

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