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May 09, 2014 02:00 am | Rebecca M. Miller
Some say it could pass the U.S. by the end of the year. There might be an even bigger story behind the scenes.
Christopher WhalenThe World Bank just put out a report suggesting that the Chinese economy would overtake that of the United States by next year to become the world’s biggest economy measured by its currency's purchasing power. “The estimate by the World Bank's International Comparison Program says that based on 2011 prices, the purchasing power of China's currency, the yuan, was much stronger than was reflected by exchange rates,” says USA Today.
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