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IMF: China overtakes US as world’s largest economy
Wednesday, October 8, 2014 7:18
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Sorry, America. China just overtook the US to become the world’s largest economy, according to the International Monetary Fund. Chris Giles at the Financial Times flagged up the change. He also alerted us back in April this year that it was all about to happen. Basically, the method used by the IMF adjusts for purchasing power parity, explained …
Source: http://www.hangthebankers.com/imf-china-overtakes-us-as-worlds-largest-economy/
