Thursday, October 9, 2014

China 'overtakes U.S. as the the world's largest economy'

        American President, Barack Obama

The US has been the global leader since it overtook Britain in 1872, but has now lost its status as top dog.  


China has toppled America to become the biggest economy in the world, according to figures from the International Monetary Fund. The US has been the global leader since it overtook Britain in 1872, but has now lost its status as top dog.

The latest IMF figures show the Chinese economy is worth £11trillion compared with £10.8trillion for the US.



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