China Will Not Overtake U.S. Until 2028, While U.S. Pending Home Sales Ticked Up Slightly

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According to the Centre for Economics and Business Research, the U.S. economy will remain the world's largest until 2028, as China's rise to the world's number one economy will be much slower than initially expected, largely due to relative slowdown of China's economy and strong economic performance of the U.S.



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