China’s Economy Overtook the U.S. in 2010 to Become Number One

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China’s economy overtook the U.S. in 2010.

Some time in 2010, the Chinese economy overtook that of the United States.  In purchasing power parity (PPP) terms – that is, adjusting for the different costs of living in the two countries – the size of China’s economy was $14.8 trillion in 2010, compared to the US economy’s $14.6 trillion.

 

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