China ‘Unlikely’ To Topple US As ’s Leading Economy, Says Mohamed El-Erian

China’s chances of becoming the World’s top economy might need rethinking, according to a recent article by Mohamed El-Erian, chief economic adviser at Allianz. What Happened: El-Erian, in the article that appeared in Financial Times, suggests that the Chinese government’s current economic approach is unlikely to bring about a return to its previous position as a powerful driver of global economic growth, reported Business Insider. “It is time for the markets to recognize that China is not reverting to its old economic and financial playbook, and its return as a powerful driver of global econo…

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