China Economy Expected to Overtake U.S. Economy This Year

China, clean, economy, Energy, hydroelectric power, overtake, US


Forecasters predicted that China would overtake the United States in economic output sometime this decade[1]—but no one predicted that it would be this soon, i.e. in 2014. But, that is exactly what the Financial Times is telling us. The United States has been the global leader since 1872, when it overtook the United Kingdom as the world’s economic leader.(i) But its 141-year term as number one is about to end -- if not this year, then very, very soon. China’s new economic superpower status is being achieved on the heels of China’s emergence as an energy superpower a few short years ago.
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