China’s economy could double in size by 2035 — and surpass the U.S. along the way

China was one of the few economies globally that grew in 2020 despite the challenges posed by the Covid-19 pandemic. Official data showed the Chinese economy expanding by 2.3% last year , and the International Monetary Fund has forecast an 8.1% growth for China this year. Meanwhile, the U.S. economy contracted by 3.