China’s economic supremacy: Will it capture the globe or is it getting ready to make a soft-landing?

Analysts: China is set to overtake USA

China’s super economic growth for more than three decades standing close to 10 per cent on average per annum during 1979 to 2012 has been an awe-inspiring growth story for many. In some years during this period, growth surpassed even 15 per cent mark. From a negligible poor economy in 1970s, China managed to beat Japan by a few billion dollars in terms of the total output it produces in 2011 becoming the second largest economy in the world.