China International Political Economy

The Deutsche Bank has announced to that expects the Chinese economy in GDP terms to surpass the US by 2020 according to MarketWatch.

The key driver of China’s economic growth in terms of GDP output according to Jun Ma, Deutsche Bank’s Chief Economist for Greater China, will be China’s rapid expansion in emerging market economies as the country leverages its $2 trillion in foreign exchange reserves.

Nonetheless, Ma continued that he still expects as many 18 months for China economy to enter into a new cycle of growth in light of the current global recession.