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Updated · The Times of India · May 23China Seen Leading 2030 World Economy With 19.7% GDP Share
2 articles · Updated · The Times of India · May 23
- China is projected to hold 19.7% of global GDP on a purchasing-power-parity basis by 2030, topping all major economies in the forecast.
- The United States is seen at 14.9%, leaving China with a 4.8-point lead in world output share under the projection.
- India ranks third at 8.5%, while Japan is forecast at 4.2% and Germany at 3.0%, underscoring Asia's weight in the top tier.
- Russia, Indonesia and Brazil are each projected between 2.4% and 2.8%, while the UK and France fall to 2.0% and 1.9% respectively in the 2030 ranking.
Beyond GDP rankings, which nations are truly positioned to win the 2030 race for tech and green energy supremacy? As emerging economies surge toward 2030, is the world trading economic growth for environmental stability? What hidden risks, from property crises to climate failures, could derail the predicted new world economic order?