Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’

Hong Kong property tycoon Gordon Wu Ying-sheung has predicted that China will overtake the US as the world’s largest economy in the next decade or so, propelle…

In breve

Hong Kong tycoon predicts China's economy will surpass the US in the next decade.

Punti chiave

• Hong Kong tycoon bets China will overtake US economy 'in next decade or so'

Contesto

Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’ Hong Kong property tycoon Gordon Wu Ying-sheung has predicted that China will overtake the US as the world’s largest economy in the next decade or so, propelled by rapid technological advances while Washington is weighed down by massive defence expenditure and national debt. Yet the 90-year-old founder and chairman of Hopewell Holdings, who rarely speaks to the press, said Hong Kong should look past geopolitical tensions between Beijing and Washington to build closer ties with the United States,... According to the collected source material from www.scmp.com, Hong Kong property tycoon Gordon Wu Ying-sheung has predicted that China will overtake the US as the world’s largest economy in the next decade or so, propelled by rapid technological advances while Washington is weighed down by massive defence expenditure…

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Verdetto: publish
Confidenza: 82/100

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Cosa resta incerto

• in the next decade or so

Categoria: cronaca
Entità: Hong, Kong, China