Report: China Will Overtake U.S. Economy After COVID Pandemic Fallout

Just as Democrats and China had been hoping for.

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A recent report by the Centre for Economics and Business Research (CEBR) indicates China will recover and overtake the U.S. economy sooner than expected following fallout from the pandemic.

According to the report, China is predicted to swap places with the United States by the year 2028 “after weathering the coronavirus pandemic better than the West.”

Bloomberg News reports, “The world’s biggest and second-biggest economies are on course to trade places in dollar terms in 2028, five years earlier than expected a year ago.”

“The COVID-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favor,” the CEBR maintains regarding the two superpowers.

They also praise China’s “skillful management of the pandemic” in contrast to the West.