China Will Overtake The US as World’s Biggest Economy by 2012
source: http://www.theblogismine.com/2010/11/11/china-will-overtake-the-us-as-worlds-biggest-economy...
-
-
- theblogismine
- added this
China’s continued rapid growth should make it the main driver of the global economy next year as the U.S. slows down, the Conference Board, a highly respected economic research association, said in a report published on Wednesday.
China could even overtake the U.S. as the world’s largest economy by 2012 — at least by one economic measure, the research group said in its annual global outlook, the Wall Street Journal Reports.
China’s economy should grow by 9.6% in 2011 after expanding by 10% this year. By contrast, the U.S. economy is seen slowing to just 1.2% growth next year from 2.6% in 2010.
More: http://www.theblogismine.com/2010/11/11/china-will-overtake-the-us-as-worlds-big...
China could even overtake the U.S. as the world’s largest economy by 2012 — at least by one economic measure, the research group said in its annual global outlook, the Wall Street Journal Reports.
China’s economy should grow by 9.6% in 2011 after expanding by 10% this year. By contrast, the U.S. economy is seen slowing to just 1.2% growth next year from 2.6% in 2010.
More: http://www.theblogismine.com/2010/11/11/china-will-overtake-the-us-as-worlds-big...
-
- groups:
- Community, Greatest Depression
-
- tags:
- China, Global Economy, G20 Summit, china economy, 5 more
