January 12th, 2012
03:37 AM GMT
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(CNN) – The global research department of HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years.

The world’s top economy in 2050 will be China, followed by the United States. No surprises there – since China’s reforms in the 1980s, economists have said it’s not a question of if, but when, China’s collective economic might will top the U.S.

But among the smaller, developing nations, there are several surprises by HSBC prognosticators:
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