The IMF says China will overtake the U.S. as the world 's leading economic power in 2016 . As a result the renminbi is deeply undervalued on the foreign-exchange markets . Analysts dispute the figures saying that China still has a long way to go before it catches up . Comment:
The IMF says China will overtake the U.S. as the world 's leading economic power in 2016 . Analysts dispute the figures saying that China still has a long way to go before it catches up . Comment: