China’s economy smaller in new study: World Bank
China’s economy smaller in new study: World Bank
WASHINGTON — The size of China’s economy is overestimated by some 40 percent, but it remains the world’s second largest using a ranking based on purchasing power, the World Bank said Monday.
Chinese workers assemble a car at a factory in Wuhu, Anhui Province. The size of China’s economy is overestimated by some 40 percent, but it remains the world’s second largest using a ranking based on purchasing power, the World Bank said Monday. [Agencies]
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