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Business & Work - 2020

President: China targets US$4 trillion GDP by 2020

http://www.chinadaily.com.cn/english/doc/2005-05/16/content_442681.htm
Scanned by: Mitermo over 5 years ago
Chinese President Hu Jintao said that Asia's fastst growing country is planning to quadruple its GDP to US$4 trillion by 2020, with the per capita GDP reaching US$3,000.
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1.

They have $1.3 trillion in fx reserves. The U.S. by comparison has something like $69 billion. They have 1.3 billion people. The U.S. has 300 million. Their economy will pass ours.

Posted by: Mitermo over 5 years ago | Vote for this comment - Recommend

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Oh, by the by, Andy is a potato head.

Posted by: Mitermo over 5 years ago | Vote for this comment - Recommend

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Could this happen even more quickly if Chinese web 2.0 entrepreneurs start carving into the broader world/US/European market faster than anticipated?

Posted by: AlvisB over 5 years ago | Vote for this comment - Recommend
 

 

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