In the coming decade, Asian economies will grow significantly and by 2030 will occupy seven places in the top ten largest economies in the world. Also, the Russian economy will overtake the economy of Germany, according to a report by Standard Chartered Bank.

Company analysts believe that by 2020 most of the world's population will

referred to the middle class. The leaders in the growth of the middle class will be Asian countries, while in the West the middle class will continue to stagnate.

According to the new report of Standard Chartered Bank, China may become the largest economy in the world next year.

The company predicts that in 2030, the Indian economy will be ahead of the US economy, mainly due to rapid urbanization.

Researchers note that in Asia there will be significant economic growth, as the size of economic production will begin to correspond to the population.

The economies of Europe and the USA are expected to slow down.

Analysts Standard Chartered Bank believes that among the ten largest economies in the world, except China, India and the United States, will be Indonesia, Turkey, Brazil, Egypt and Russia. At the same time, countries such as Canada, France and the United Kingdom will be out of the top 10 world economies.

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