China Expected to Become World's Largest Economy, says Singapore's Health Minister

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China Expected to Become World's Largest Economy, says Singapore's Health Minister
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Singapore's Health Minister Ong Ye Kung predicts that China will surpass other countries to become the largest economy in the world by the end of the decade. He also highlights the potential for China's GDP per capita to reach that of a developed country. Despite its current economic challenges, China still has room for growth due to its relatively low per capita income compared to the US.

Singapore's Health Minister Ong Ye Kung stated that China is likely to become the largest economy in the world by the end of the decade. He also mentioned that China 's GDP per capita will approach that of a developed country.

Despite its current economic slump, China still has room for growth due to its relatively low per capita income compared to the US. Mr. Ong emphasized the need for China to address its ageing population and find new ways to drive growth.

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