dreamdancer 0 #1 February 15, 2011 move over usa... QuoteChina has claimed since as early as 2008 that it either was, or was imminently poised to become, the world’s second-largest economy. Until now, Japanese economists have patriotically refuted the Chinese figures. However, weak consumer spending and a strong yen saw Japan’s gross domestic product (GDP) fall by an annualised rate of 1.1pc in the final quarter. That allowed China to pull ahead with a GDP total of $5.88 trillion (£3.68 trillion) for 2010, on a non-adjusted nominal dollar basis, compared to $5.47 trillion for Japan. By comparison, the United States recorded GDP of $14 trillion in 2009, but experts have predicted that after sweeping past Germany, France, the UK and now Japan, China will catch up with the US by as early as 2030. Similar predictions were made for Japan’s prospects during the 1980s. However, after more than a decade, being overtaken by China reflects Japan’s declining political and economic power. http://www.telegraph.co.uk/finance/economics/8322550/China-is-the-worlds-second-largest-economy.html#stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
Amazon 7 #2 February 15, 2011 You just gave yourself a facial didn't you Quote Share this post Link to post Share on other sites
dreamdancer 0 #3 February 15, 2011 hiya amazon - good news for the chinese eh?stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
Amazon 7 #4 February 15, 2011 Quotehiya amazon - good news for the chinese eh? Why are they selling you the towels you need?? Quote Share this post Link to post Share on other sites
dreamdancer 0 #5 February 15, 2011 haha - keep it up stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
turtlespeed 226 #6 February 15, 2011 Quote haha - keep it up Was that a yes or a no?I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
kallend 2,148 #7 February 15, 2011 Quotemove over usa... QuoteChina has claimed since as early as 2008 that it either was, or was imminently poised to become, the world’s second-largest economy. Until now, Japanese economists have patriotically refuted the Chinese figures. However, weak consumer spending and a strong yen saw Japan’s gross domestic product (GDP) fall by an annualised rate of 1.1pc in the final quarter. That allowed China to pull ahead with a GDP total of $5.88 trillion (£3.68 trillion) for 2010, on a non-adjusted nominal dollar basis, compared to $5.47 trillion for Japan. By comparison, the United States recorded GDP of $14 trillion in 2009, but experts have predicted that after sweeping past Germany, France, the UK and now Japan, China will catch up with the US by as early as 2030. Similar predictions were made for Japan’s prospects during the 1980s. However, after more than a decade, being overtaken by China reflects Japan’s declining political and economic power. http://www.telegraph.co.uk/finance/economics/8322550/China-is-the-worlds-second-largest-economy.html# The US economy is more than twice as big as China's, with less than 1/3 the population. Soon to be largest? "There's many a slip 'twixt cup and lip".... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Guest #8 February 15, 2011 Quotemove over usa... QuoteChina has claimed since as early as 2008 that it either was, or was imminently poised to become, the world’s second-largest economy. Until now, Japanese economists have patriotically refuted the Chinese figures. However, weak consumer spending and a strong yen saw Japan’s gross domestic product (GDP) fall by an annualised rate of 1.1pc in the final quarter. That allowed China to pull ahead with a GDP total of $5.88 trillion (£3.68 trillion) for 2010, on a non-adjusted nominal dollar basis, compared to $5.47 trillion for Japan. By comparison, the United States recorded GDP of $14 trillion in 2009, but experts have predicted that after sweeping past Germany, France, the UK and now Japan, China will catch up with the US by as early as 2030. Similar predictions were made for Japan’s prospects during the 1980s. However, after more than a decade, being overtaken by China reflects Japan’s declining political and economic power. http://www.telegraph.co.uk/finance/economics/8322550/China-is-the-worlds-second-largest-economy.html# Sheer numbers aren't everything. Consider the size of the economy versus the size of the population (GNP vs GDP) and you see something very different. Yes, China has a big economy, but it's spread across a much larger population. Now if China had a per capita GDP that was like Japan, it would dwarf everything. mh ."The mouse does not know life until it is in the mouth of the cat." Quote Share this post Link to post Share on other sites
kelpdiver 2 #9 February 15, 2011 How is 2030 soon? More critically, will they collapse under the strain (pollution, etc) as they get bigger? Japan was going to pass the US in the 80s, and then the bubble ended. China has serious concerns with pollution, energy availability, a gross gender imbalance, and in time people wanting more rights. Quote Share this post Link to post Share on other sites
