China economy overtaking U.S. is increasingly unlikely: ex-IMF official (2024)

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China economy overtaking U.S. is increasingly unlikely: ex-IMF official (1)

Cornell University professor Eswar Prasad says China's economy "faces a variety of fragilities." © Reuters

YUTA SAITO, Nikkei staff writer | U.S.

NEW YORK -- The U.S. looks to maintain its strong growth while China confrontsa slowdown, leaving the world's two largest economies on opposite trajectories as they try to shape the global order.

"The likelihood of the prediction that China's GDP will one day overtake that of the U.S. is declining," Eswar Prasad, a professor at Cornell University and a former International Monetary Fundofficial in charge of China, told Nikkeiin a recentinterview.

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China economy overtaking U.S. is increasingly unlikely: ex-IMF official (2024)
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