The Organization for Economic Co-operation and Development expects China to account for over a third of world economic growth in 2021. Boom Bust explores whether China can overtake the US to become the world’s largest economy.

The program is joined by the founder of Technical Traders, Chris Vermeulen, who says: “I think they are about to take over and they are going to become the big leaders.” 

Vermeulen continues: “I mean the United States has been fighting to control and be the leaders but China is definitely muscling and powering ahead.” 

The analyst explains that China has a massive economy and is doing really well with the Covid situation. “They could become the next leaders, there could be the new world order… We should not be surprised to see it, we have kind of been seeing this slowly unfolding for many years,” he says.

For more stories on economy & finance visit RT’s business section

By

Translate »
Legal Notice: Views expressed in articles published in www.ebusinessbrief.com are those of the authors and www.ebusinessbrief.com or its owners take no responsibility regarding the same. Advertisements in www.ebusinessbrief.com are published for information of the subscribers. www.ebusinessbrief.com does not authenticate, endorse or guarantee any of the products or services or claims made by the Advertisers. Readers are advised to themselves verify the details. No part of this publication may be reproduced by any means without prior written permission from the Editor. Permission is normally granted wherever sufficient acknowledgement is given to www.ebusinessbrief.com.