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Economics

China to Be Top World Growth Source in Next Five Years, IMF Says

  • Nation’s contribution of 22.6% seen as double the US portion
  • Contribution from Brics nations to outpace that of G-7 forum
The Chinese flag flies in front of the Shanghai skyline.

The Chinese flag flies in front of the Shanghai skyline.

Photographer: Mark Ralston/AFP/Getty Images

China will be the top contributor to global growth over the next five years, with its share set to be double that of the US, according to the International Monetary Fund. 

The nation’s slice of global gross domestic product expansion is expected to represent 22.6% of total world growth through 2028, according to Bloomberg calculations using data the fund released in its World Economic Outlook released last week. India follows at 12.9%, while the US will contribute 11.3%.