China’s Economic Heft Sinks for First Time in Three Decades

For most of us, weight loss is a positive. For an economy, not so much. New analysis showing that China’s global heft has declined for the first time since 1994 illustrates why its chances of overtaking the US economy are increasingly in doubt.

While the International Monetary Fund and others regularly cite China as the world’s biggest contributor to growth, that’s been shown to be a misleading gauge.