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Chinese economy won’t reach U.S. so far.

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From
The great fall of China - Los Angeles Times

World Bank has revised the way to predict the economy scale of China and India. It is said that China is not a $10-trillion economy, it is a $6-trillion. India’s economy was downgraded by 40% as well.

In 2006, China’s GDP was $2.7 trillion.It will not happen that China will pass the United States as the worlds’s largest economy in 2012.

The living standars between China and U.S. have a huge gap.Average income per Chinese is less than one-tenth the U.S. level.

To
The great fall of China - Los Angeles Times

This entry was posted on Tuesday, January 1st, 2008 at 5:45 pm and is filed under news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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