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Follow Business Insider: The lineup of global economic powerhouses is going to see some changes by 2050. China is expected to surpass the US in terms of nominal GDP by 2026 â aka in 11 years, according to The Economist Intelligence Unit. India, the strongest emerging market, is expected jump to third place, with real growth averaging around 5% by 2050. Plus, Indonesia and Mexico will vault up into the top 10.
Chinas economy is not any better then the United States economy. What China is doing is under valuating their Yuan to keep prices low so that they can steal business from other countries. Chinas economic growth is dependent on exports so keeping the local currency rate low plays a key role in boosting Chinas growth.t means that the United States will have competition in the world influence market. Can you imagine what will happen when China starts gaining support from countries all over the world. Others will not see us as the primary-go-to for support.