China Replaces U.S. as World’s Largest Economy, IMF Reports

Shutterstock Has the era of American economic hegemony finally come to an end? According to a new IMF report, China has now surpassed the U.S as the world’s largest economy. The data show that China’s share of the global economy, adjusted for cost of living, is now slightly bigger than that of the United States. China’s gross domestic product is worth $17.6 trillion, when adjusted, compared with $17.4 trillion for the U.S.



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