According to this report China overtook Germany as the third largest economy in the world during 2007 and will overtake Japan as the second largest by the 2012 Olympics in London.
This is despite revising growth projections downwards to a still impressive 7%.
This economic change will only increase the pressures for social and political change in China, so these reports are a worthwhile reminder to keep our eyes on the future.
No comments:
Post a Comment