China set to overtake the US in the next five years

Great Wall
Great Wall

AP

On my recent trip to China it struck me how ultra-modern the east coast has become. Everything is built on a gigantic scale, beating even America when it comes to size, and city traffic has surged as wealthy Chinese splash out on BMWs and Audis. A fair reflection of the fact that China is set to knock the US off its pedestal and take over as the world's biggest economy in the next five years.