Author: saltandpepper

China to become world's largest consumer market   [Copy link] 中文

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Post time 2012-6-1 22:15:39 |Display all floors
This post was edited by satsu_jin at 2012-6-1 23:20
Everynowhere Post time: 2012-5-31 16:03
America's GDP is, as of 2011, at USD 15.1 Billion, China's at 7.3, according to the IMF's figure - ...
  1. America's GDP is, as of 2011, at USD 15.1 Billion, China's at 7.3,
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America's figure is always a bit confusing. They publish figures which are retracted the following month or the following quarter and replaced by new figures. It just happened again for Q1/2012 - first report 2,2%, revised report 1,9%.  Sorry, I didn't check it out in the first place but believe you're correct.


As for China's GDP as of 31.12.2011 - It was 47,16 trillion CNY converted with the last available USD exchange rate of 2011 (6,34 CNY equals 1 USD) it's USD 7,438,5 b. and not 7,300b.  For simplification reason I posted 7,4 tr.  



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