China Surpasses America to become the World’s Richest Country
Till now America was at the fore in terms of wealth, but now China has snatched this tag from America. Yes, in terms of wealth China became richest country in the world. China has overtaken the US to increase its wealth within two decades to the top position.
Global Wealth Tripled In Two Decades
Global wealth has tripled in the past two decades, with China leading the way.
China has overtaken the US (US) to occupy the top position worldwide.
According to the report released in this regard, China has about a third of the total wealth of the world.
Strong Growth In China's Economic Growth
Its assets were only $ 7 trillion in the year 2000, a year before joining the WTO, which has now increased to $ 120 trillion.
According to the report, China's economic grow...