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GDP

 
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Author GDP
rffrydr
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PostPosted: Thu Jul 19, 2007 7:12 am    Post subject: GDP Reply with quote
"Surprises" again. Set to overtake number 3 Germany in dollar value by third quarter:

http://www.marketwatch.com/news/story/chinas-economy-expands-119-second/story.aspx?guid=%7B5933FA4C%2D1A79%2D4250%2DBF20%2D275D625F658A%7D
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HenryTo
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PostPosted: Thu Jul 19, 2007 7:58 am    Post subject: Reply with quote
Bloomberg's take. Also, this is the perfect time to revalue the Renminbi by another few percentage points or so - given the 4.4% rise in consumer inflation - but China isn't certainly going to "give in to the demands" of the US Congress.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aitwOwTN0lBc&refer=home

Quote:
The export- and investment-driven economy is drawing closer to replacing Germany as the world's third largest. Gross domestic product expanded 11.1 percent in 2006 to 21.09 trillion yuan ($2.79 trillion). Germany's economy was valued at $2.89 trillion.
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