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China will be world’s top economic superpower in five years, says...

China will overtake the U.S. economically in just five years, according to the latest International Monetary Fund (IMF) forecasts.

IMF chief has gloomy outlook on America’s economy, endorses Obama approach

This week’s report that the S&P index has cut its outlook on America’s credit future from “stable” to “negative” was clouded by questions of the index’s credibility. But a more objective voice has entered the fray to underscore the S&P’s analysis.