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China’s Economy Could Overtake US Economy by 2030

SAN FRANCISCO – China’s economy will increasingly rely on state investment, high-tech development and domestic consumption – with less input from its past staple of export manufacturing – as it stands to overtake the United States in the coming decade, analysts predict.

China’s GDP should grow 5.7% per year through 2025 and then 4.7% annually until 2030, British consultancy