Holy Mommy! OMG!...Simply amazing!! China is reaching the 5 trillion GDP milestone! :wiggle: And US was the only nation that did it before. wow, i didn't think it would happen so soon. world recession sure brings many surprises. Japan came close in 2008, but with the reccession, they came back and dropped down big time. China has now surpassed Japan's economy to take second place. Officially China has increased 10X times since the beginning of reform from $500 billoin to $5 trillion. What a new milestone! Yes! That is simply amazing......Nice work China! haha! http://www.telegraph.co.uk/finance/economics/6890189/Chinese-economy-overtakes-Japan.html http://www.businessday.com.au/business/china-lays-claim-to-no2-spot-20091227-lg7v.html http://www.monstersandcritics.com/news/business/news/article_1521511.php/China-s-economy-poised-to-overtake-Japan-sooner-than-expected
Anyone that dismisses China is ignorant and/or just plain dumb. China historically was about 35% of the world's economy (this is going back for centuries) and what is happening right now is China is taking its historical place as the world's biggest economy. This is China's natural position. I like to call Taiwan or Hong Kong "mini China's", and one day mainland China will be as rich per capita as Taiwan. When this day comes China will dwarf the second biggest economy. I suggest a lot of westerners put their kids in Mandarin classes because the world is changing.
