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The Chinese economic powerhouse will overtake Europe and the US by 2030 (Photo: Patrick Rodwell)

China to overtake EU and US by 2030, US intelligence says

The era of American and European economic dominance has less than two decades left to run, according to a report by US intelligence services.

The study - Global Trends 2030, out on Monday (10 December) - predicts the Chinese economy will overtake the US at some point between 2022 and 2030.

It says the once dominant trio of the US, Europe and Japan will see their share of world trade fall from 56 percent to well below half in 2030.

It also notes that China and India are not ...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

The Chinese economic powerhouse will overtake Europe and the US by 2030 (Photo: Patrick Rodwell)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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