China is poised to overtake the US as the world's largest economy way ahead of schedule. The IMF predicts that by the end of the year China's GDP, adjusted to the countries relatively low cost of living, will be $17.6 trillion, topping the US essentially that means, even though a typical person in China earns less than their American counterpart, they can afford more with their money.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
