Caixin OnlineFinance & EconomicsTop Stories Finance HSBC: China to Become Largest Economy by 2050
03.21.2011 18:00

HSBC: China to Become Largest Economy by 2050

HSBC's chief executive said that China will pass the United States as the world's largest economy in four decades
By staff reporter Yu Hairong

(Beijing) -- HSBC Holdings Plc Chief Executive Stuart Gulliver said March 21 that the total gross domestic product of emerging economies will overtake that of developed economies by 2050.

Among the top 30 economies, emerging economies will occupy 19 spots and China will pass the United States as the world's largest economy in 2050, he said.

Gulliver said in an economic forum held in Beijing that China's development will depend on trade, investment and financing.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Lost in an African Maze

How a slick businessman and an offshore project in Angola led the oil giant Sinopec astray


Issue 93
September, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Lost in an African Maze
How a slick businessman and an offshore project in Angola led the oil giant Sinopec astray
Issue 93
09.01.2015

Subscribe       |       Newsletter        |        FAQ