EconomyChina'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)
IORI KAWATE and RYOHEI YASOSHIMA, Nikkei staff writers
December 15, 2021 12:00 JST
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.