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Economy

China's overtaking of U.S. economy delayed to 2033, report says

South Koreans and Taiwanese to earn more than Japanese starting in 2027: JCER

Xi Jinping will have to wait several years longer before the Chinese economy overtakes the U.S.'s, partly thanks to a big spending package Joe Biden shepherded through Congress. (Nikkei montage/AP)

TOKYO/BEIJING -- The size of China's economy is not expected to surpass that of the U.S. until 2033, rather than 2029 as predicted a year ago by the Japan Center for Economic Research, whose latest forecast says Beijing is damaging the country's growth potential by clamping down on its tech and other big industries.

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