This post was edited by edisonone at 2012-1-24 14:53|
What China's Rise Really Means
January 19, 2012
If current trends continue, China's GDP will surpass
the United States' in the coming decades. "When and if that happens, America loses," says
Gallup's chairman. "China may dominate the world."
I particularly find this worthy of our, and their, readings:
"You might be wondering how India --- ------ will do. They might do OK, but they're starting too far back.
India --- ------ have GDPs approaching $1.5 trillion apiece. Almost nobody knows this because India and China are so often discussed in the same
conversation (lump-summed), [under the assumption that their GDPs are of similar size???]. Those who have been saying for 10 years that India is the one to watch,
not China, are at least temporarily wrong. India might do well, but the country is getting routed by the Middle Kingdom."