The United States’ Gross Domestic Product, or GDP, is still larger than China’s. But according to economic analysts, that might not be the case much longer.
China, thanks in part to its large population, has been steadily growing its GDP in the last few years. Some economists say it will only be 10 years before the country surpasses the U.S.’ GDP.
China, of course, made big news when its GDP did rise above Japan’s in the second quarter of 2010. This marked the first time that China’s GDP ever rose past Japan’s.
Via creditloan.com