Thursday, October 22, 2009
CHINA as a superpower.
According to Goldman Sachs predictions,China will overtake USA as the world's largest economy in 2027 and by 2050,China's economy will be twice that of the USA even then the average Chinese will only have half the income of an American.Because China has 1.3 billion people it can be a big economy even when its people are relatively poor.
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