Aug 18, 2010
It’s widely predicted that China’s economy will be the largest in the world by 2020, overtaking the U.S. Only this week the country surpassed Japan to become the world’s second biggest economy by GDP. And earlier this year it officially overtook Germany to become the biggest exporter. However, Michel Chossudovsky from the centre for research of globalisation in Canada says China’s economy could ALREADY be the biggest in the world, as GDP is not representative of the actual strength of an economy.
This article was posted: Wednesday, August 18, 2010 at 3:55 am