Archives - Business: Page 45
Author: amparo enriquez (Thu Nov 10, 2005 3:46 am)
Title: China's GNP
The rapid accumulation of capital has brought about an spectacular growth in the Chinese’s world GNP participation which has almost tripled going from 5% to 14% in a quarter of a century. China by itself has compensated for the loss of production by the old Soviet Union and their Eastern European satellite countries, now independent nations, plus the European and Japanese reduction in participation. If Chinese growth continues this way it will reach the United States GNP in approximately 10 years. We ought to look out for the Chinese growth Syndrome.