China defeated the United States economically, becoming the richest country in the world.

New York: China has become the richest country in the world by defeating the United States in the economic field, according to Bloomberg, the world’s wealth has tripled in the last two decades.

According to the report, global wealth was 6 156 trillion in 2000, which has now risen to 14 514 trillion, with China accounting for the largest share at 1/3. China’s total economic value is 120 120 trillion, up from 7 7 trillion in 2000.

The United States owns only 90 90 trillion in global wealth due to its poor economic policies. According to the report, 68% of the world’s wealth is related to the real estate industry, while 2% of the world’s wealth is owned by the global elite, which is only 10% of the global population.