China will overtake the U.S. economy in less than 15 years, says HSBC, challenging Trump’s claim

China is on course to be the world’s biggest economy by 2030, according to analysis that challenges Donald Trump’s claim that the U.S. is not about to be overtaken.

The forecast was made by economists at HSBC Holdings Plc in a new study of 75 nations published on Tuesday. It also saw the Chinese as remaining the single biggest contributor to global growth over the next decade.

The projections suggest China’s gross domestic product will stand at US$26 trillion in 2030, up from US$14.1...

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