Goldman Sachs has upgraded its forecast for China’s economic growth, predicting it will become the world’s biggest economy by 2027.
According to the US investment bank calculates China's gross domestic product will hit $5.4 trillion which is by 1.1 billion dollars more than 2008.
The American GDP value stands at around 14 trillion dollars which is by 3.5 times bigger than the Chinese GDP.
China will have an economic growth of 8%, while America will have negative rate, which will reduce the difference.