Analysis: China is rehearsing for when it overtakes America - News Summed Up

Analysis: China is rehearsing for when it overtakes America


China just outpaced the United States in attracting foreign direct investment for the first time. And he touted China's ability to propel the global economy by injecting "more momentum into growth." While China is still battling some Covid-19 cases, its numbers aren't remotely near the levels recorded in Europe and the United States. They now expect China to over take the United States five years earlier than previously forecast. "Once he has made progress on his domestic goals, he will turn his attention to global trade issues as well."


Source: The Nation January 26, 2021 10:41 UTC



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