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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.
How China Affects the U.S. Economy China is the largest foreign holder of U.S. Treasury bills, bonds, and notes. As of November 2017, China owned $1.2 trillion in Treasurys.