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Follow Business Insider: The lineup of global economic powerhouses is going to see some changes by 2050. China is expected to surpass the US in terms of nominal GDP by 2026 â aka in 11 years, according to The Economist Intelligence Unit. India, the strongest emerging market, is expected jump to third place, with real growth averaging around 5% by 2050. Plus, Indonesia and Mexico will vault up into the top 10.
Faster-growing China would pass the United States in purchasing power terms this year, though it still would be about 60% the size of the U.S. economy at market exchange rates. China's National Bureau of Statistics, which took part in the study, rejected its conclusion, according to the World Bank report.