Monday, August 16, 2010

China marches towards world's No. 2 economy = Passes Japan as Second-Largest Economy

[mEDITate-OR:
see that the "Rising Sun" is being eclipsed...
and that what's dragon..., on U.S...

The first pic shows U.S. that we ain't flying so high anymore

The 2nd chart shows U.S. that while Japan and U.S. growing, China is growing up faster than we are.

the 3rd chart U.S. what China has done in the decade of W's foreign trade deficits.

But, the 4th graph shows U.S. that per capita China has a LONG way to go.
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chart_world_economies_2.top.gif
China's GDP was smaller than Japan's in 2009 but the IMF expects that wont be the case by the end of this year.
But China still trails the United States by a wide margin
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China may overtake Japan as the world's second-largest economy this year
but it remains a developing economy despite its fast pace of growth
economists said
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Despite emerging as an economic power, China remains far behind many countries if per capita GDP is taken into account.
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A look at the 10 largest economies in the world by Gross Domestic Product for 2009, according to the International Monetary Fund. Figures all are in U.S. dollars
United States $14.26 trillion
Japan $5.07 trillion
China $4.91 trillion
Germany $3.35 trillion
France $2.68 trillion
United Kingdom $2.18 trillion
Italy $2.12 trillion
Brazil $1.57 trillion
Spain $1.46 trillion
Canada $1.34 trillion
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China marches towards world's No. 2 economy
http://money.cnn.com/2010/08/16/news/international/japan_china/index.htm
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China 'overtakes Japan in economic prowess'
http://english.eastday.com/e/100817/u1a5396370.html
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China Passes Japan as Second-Largest Economy
http://www.nytimes.com/2010/08/16/business/global/16yuan.html
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Largest 2009 economies by gross domestic product
http://news.yahoo.com/s/ap/20100816/ap_on_bi_ge/us_china_surging_ahead_glance
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