News Snapshot:
The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. The CEBR forecast suggests China could potentially take the top spot as the world's largest economy by gross domestic product as early as 2037. The forecast also sees potentially strong growth in other countries such as India. "The ranking of which is the largest economy in the world — that doesn't take into account things like living standards. On that measure, China is absolutely nowhere near catching up with the U.S.," said Nina Skero,...
