Mohamed ElErian: China may never become the largest economy in the world

Dr. Mohamed El-Erian. the Allianz chief economic advisor stated that China may never become the world's biggest economy and has thrown out its old playbook as China's growth model is no longer suited to the global economy as well as cannot count on globalization to rescue its faltering growth model, while its exports have fallen, and growth in Europe and the US will likely be muted for the fores