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China on Pace to Overtake American Economy by 2016

March 22, 2013 Business & Finance, Featured, World News Comments Off on China on Pace to Overtake American Economy by 2016

A stunning report that was issued by the Organization for Economic Cooperation and Development has stated that China is on course to overtake the U.S. economy a lot sooner than we had thought: by the year 2016. Last year, the economy in China grew by a whopping 7.8 percent. And …