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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.
Jess Jiang/NPR. China holds about $1.2 trillion in U.S. government debt, according to the Treasury Department's latest figures. That's about 30 percent higher than the previous estimate.This is part of those global imbalances we keep talking about. China exports more than it imports; the U.S. imports more than it exports.or China, the U.S. is too big to fail. And it's not just China. Japan holds nearly $900 billion in U.S. government debt. In all, U.S. debt held abroad totals some $4.4 trillion. 1  Share. 2  Facebook. 3  Twitter. 4  Google+.