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China's economy to become world's biggest in 2035
http://news.yahoo.com/s/afp/20080709...omysurveychina
"China's economy will overtake that of the United States by 2035 and be twice its size by midcentury, a study released Tuesday by a US research organization concluded." "The report by economist Albert Keidel of the Carnegie Endowment for International Peace said China's rapid growth is driven by domestic demand more than exports, which will be sustainable over the coming decades." "Keidel, who has worked as a World Bank economist and US Treasury official, said the rise of China to the world's biggest economy will happen regardless of the method of calculation." |
Until they have a paid elementary education there is nothing to worry about. Yes they have a gross and cheap man power, but most of them are not able even to read and write.
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It could happen ... but such projections overlook the effects of large-scale disease and natural disasters. And often tend to gloss over the political history / realities / culture of China.
Ron |
If I had 1.3 billion employees who worked for a bowl of rice I would overtake US economy by 2010 ;)
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cheap manpower but will be because worst product producer, drastic pollutant in 2035
if we have a choose , we dont buy china product because of low quality and some they using deadly chemical which WHO recognize |
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