China has likely moved past France, Italy and Britain to become the world's fourth-largest economy following the release of revised economic figures on Tuesday, according to experts quoted in the New York Times. Monday's figures place it as the sixth largest economy but growth in 2005 is likely to have already pushed it into fourth place. Some economists have also accelerated predictions of when China would take over from the United States as the world's largest economy from 2040 to 2035. Meanwhile, the announcement was expected to lead to more pressure to further appreciate the yuan.
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