Thursday 16 June 2011

Can China outgrow America?

Due to China's growth being at 10% per annum, it is almost inevitable that the size of the Chinese economy will surpass the economy of the United States. Below is an interesting video which features an economist speaking about the forthcoming rise of China.


Here is an interesting article which states that the Chinese Economy will outstrip that of America earlier than we expected, around 2016.

http://english.aljazeera.net/indepth/opinion/2011/06/201163101514344488.html

Key Points:

- China's growth at 10% per annum.
- It is almost inevitable that the size of the Chinese Economy will surpass the economy of the US.
- China will outstrip the American economy around 2016.

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