During pre-modern times, China's economy was steadily growing and stable due to its high influence in trade along trade routes that moved through the Old World. Because China lacked the technology and innovation that would propel its economy and trade relations with other countries, America became an economic powerhouse and its global influence expanded, resulting in its overtaking other economies, including China. Chinese. China lost to America in economics and America came in first place. After 9/11, however, the American economy began to collapse; it wasn't until 2013 when the economy started to grow. Although the American economy is growing as time goes by, the Chinese economy is also growing. China's growth rate is higher than America's, and if this continues, China's economy will soon overtake America and take its place as number one. Before Bill Clinton's presidency, America was in a state of economic deficit, but after Clinton's presidency the country was in economic surplus. , but when George W. Bush left office, America was in an economic deficit because the government had overspent and spent more money than it received in taxes. This shows a trend, because America has gone from a deficit to a surplus and back to a deficit again. This deficit only worsened until 2013, when the economy finally started to grow again, which again shows the growth trend of the economy. According to article 2, published by ABC business news, the American economy grew by 4.1%, thanks to the increase in consumer spending, especially in the healthcare sector. All this clearly makes readers infer that the American trend is happening, and that it is now that America is slowly trying to regain its economy. This report... half of the document... in 2028 China would replace America in its economic position as "number one" in economic terms and a lot will change in terms of business and economics, but America would still be a country very influential and powerful economically because America will be the second most economically powerful country.Reference“Fact Check. "The Budget and the Deficit under Clinton." FactCheckorg, February-March 2008. Web, January 31, 2014. “US Economy Expands at 4.1% Rate.” ABC News. ABC News Network, n.d. Web, December 21, 2013. “No Rush to Rebalance China's Economy.” http://news.xinhuanet.com/. Ed. Peng Fu. Xinhuanet English.news.cn, nd Web, 11 February 2014. “The Chinese Century: 'More and More Economies Will Want to Trade in Yuan'.” - RT Op-Edge."The Chinese Century: 'More and more economies will want to trade in yuan' - RT Op-Edge. Rt.com, December 4, 2013. Web. February 11. 2014.