Monday, November 12, 2012

The rise and rise of China



Some interesting factoids here.

China now world's second largest economy at official exchange rates, though it's been second largest for a while now at PPPs.  At PPPs, my estimate is that it is now about 3/4 of the size of the US economy (US roughly 22% of the world economy, China +-15%)   'Course, it has far more ppl.  Per capita, it's still some way behind.


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