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Wednesday, February 16, 2011

China climbs up Japan slides down

China now worlds second largest economy.

Conservative estimates by analysts has China overtaking USA in next decade.

But the fact is the rise in China economy is not linear and the exponential factor would indicate the USA becoming no.2 well before 10 years pass.

World's 10 biggest economies
US
China
Japan
Germany
France
UK
Italy
Brazil
Canada
Russia
Source: IMF 2010

Held back by the USA for so long - China has shown the true courage and resilience of the Chinese people - the world will be a much better place without the hegemons at the top of the ladder - a peacefull and harmonious world superpower is what has been needed for a long time and China is about to fill the position.

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