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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.
Americans should hope for the Chinese economy to grow because that means there will be a larger market for the goods and services we create here in the U.S. And in terms of economic output per capita, the U.S. is way ahead of China by a factor of more than 8.he OECD for instance argues that Chinaâs economy will be bigger than Americaâs by 2016. And other economists like Peterson Institute for International Economicsâ Arvind Subramanian predict that Chinaâs economy is already bigger than the United Statesâ.