China to emerge as the world's biggest economy by 2028 overtaking the US, says a report

China to emerge as the world’s biggest economy by 2028 overtaking the US, says a report

Centre for Economics and Business Research says the leap is half a decade earlier than the previous estimate

COVID-19 induced global economic fallout favoured China greatly, says the report

China to show the average economic growth of 5.7% a year from 2021-25

Meanwhile, the U.S economy might slow down to 1.9% a year between 2022 and 2024

Japan would remain the third-largest economy till 2030 before overtaking by India

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