Wednesday, September 29, 2010

China and the US: The World's Largest Economies

China is expected to surpass the US as the world's largest economy by 2025. This is unsurprising given China has maintained about four times the US growth rate and population, which currently consists of approximately six times the US labour force. Additionally, China's exports to the US already quadruple US exports to China.  China surpassed Japan this year to take its place as the world's second largest economy. 

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 Source: Reuters

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