The Long Reign of the United States is Over; the 21st Century belongs to China
Abstract
United States has been the global leader since overtaking Britain in 1871. Recently economists are anticipating China could be the global leader by 2019 as US is on the edge of losing its status of largest economy in the world. This paper focuses on the current situation of these two emperors to identify whether China could overtake US economy—an outstanding controversial issue.
Keywords: global economic power, US economy, China economy
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ISSN (Paper)2224-574X ISSN (Online)2224-8951
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