Next Big Future: China to be World's Largest Economy in about a Decade, says Deutsche Bank

Next Big Future: China to be World's Largest Economy in about a Decade, says Deutsche Bank: "China to be World's Largest Economy in about a Decade, says Deutsche Bank

China will overtake the U.S. in terms of economic output within a decade, according to estimates by Deutsche Bank's Chief Economist for Greater China, Jun Ma, who said he had to accelerate his forecast of the mainland's leadership in the global economy in view of favorable growth dynamics in emerging markets.

Goldman is raising China's GDP forecast to 8.3% for 2009 and Morgan Stanley and others are raising estimates to 7-8% GDP growth for China as well."

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