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The Kremlin called China the first economy in terms of purchasing power

Peskov: China is the first economy in terms of purchasing power

Fri, 05/15/2026 - 12:15

Photo: TASS/Alexander Kazakov

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China is the first economy in terms of purchasing power (PPP). This was announced on May 15 by Kremlin spokesman Dmitry Peskov during a briefing.

"You know by PPP, China is the first economy, the United States is the second economy," he said.

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Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Communications. Certificates of registration Certificate of registration: EL № FS 77 - 76208 dated July 8, 2019. , Certificate of registration: EL № FS 77 - 72003 dated December 26, 2017.