10:49 - 12.12.2022

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December 12, Fineko/abc.az. U.S. President Joe Biden compared the economy of China and his country. 

ABC.AZ reports that the head of the White House, referring to the forecasts of independent experts, said that in 2023 the U.S. economy could overtake China on growth for the first time since 1976.

Biden added that if this happens, it will be the first time since 1976.

According to IMF’s forecasts, China's GDP growth will reach 3.2% in 2022. At that, the IMF forecasts the growth of the American economy at the level of 1.6% for the current year.