TOKYO -- China's nominal gross domestic product is unlikely to surpass that of the U.S. in the next few decades, the Japan Center for Economic Research said in an estimate, dropping a forecast last year that the world's two largest economies would switch places in 2033.
Economy
China's GDP unlikely to surpass U.S. in next few decades: JCER
Effects of zero-COVID policy prompt think tank to drop earlier forecast
The Japan Center for Economic Research said China's economy will slow as a result of its zero-COVID policy, U.S. export restrictions and, over the long term, labor shortages stemming from the dwindling population. (Source photos by AP and Getty Images)
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