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Report: China Could Overtake US Economy This Year

A new study suggests China's economy has grown faster than previously thought, leading some analysts to predict that China could surpass the United States as the world's biggest economy by the end of the year. The figures were released Wednesday in a report by the International Comparison Program, which is part of the United Nations. The ICP evaluates economies based on purchasing power parity, or PPP, which estimates how much money can buy in different countries. Some...

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