 |
|
| View previous topic :: View next topic |
| Author |
China in 2035 |
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11732
Location: Los Angeles, California
|
 Posted: Sun Oct 21, 2007 12:24 pm Post subject: China in 2035 |
 |
|
These are China's own (conservative) estimates by 2035:
http://www.businessweek.com/globalbiz/content/oct2007/gb20071016_143714.htm?chan=rss_topEmailedStories_ssi_5
Note that the $5.9 trillion projection quoted below has to be a real number, not a nominal number. If it is a nominal projection, that only implies about 3.3% nominal growth from now till 2030, which would be even lower than projection inflation in 2007.
| Quote: | | China's GDP (nominal), expected to be about $2.8 trillion in 2007, is forecast to grow to about $5.9 trillion in 2030 and $6.7 trillion in 2035. (In comparison, U.S. GDP in 2007 is about $14 trillion.) By 2030-2035, the economic growth rate is forecast to decrease to about 2% to 5% per year. Western economists, almost unanimously, forecast a much higher GDP for China. The Chinese researchers are quite aware of foreigners' forecasts, but still stick to their own numbers, which they freely admit are conservative. |
|
|
| Back to top |
|
 |
| Author |
China in 2035 Replies |
HenryTo
Site Admin
Joined: 06 Aug 2004
Posts: 11732
Location: Los Angeles, California
|
| Posted: Mon Apr 09, 2012 2:05 pm Post subject: |
|
|
| In retrospect, these GDP projections were way, way too conservative. |
|
| Back to top |
|
|
Please log in to view without the ad banners |
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
Powered by phpBB
|
FAQ
Search
Memberlist
Usergroups
Statistics
Register
Profile
Log in to check your private messages
Log in
