07/16/2008 05:12 am ET | Updated May 25, 2011

China's Economy To Overtake U.S. By 2035

China's economy will overtake that of the United States by 2035 and be twice its size by midcentury, a study released Tuesday by a US research organization concluded.

The report by economist Albert Keidel of the Carnegie Endowment for International Peace said China's rapid growth is driven by domestic demand more than exports, which will be sustainable over the coming decades.

"China's economic performance clearly is no flash in the pan," Keidel writes.

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