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2014 China GDP released by Chinese government

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If it wasn't the RMB depreciation, it would be 10.5 trillion, and probably exceeded 11 trillion with the new method of calculation.
It's all cool though. What's important is that you see the transformation of the nation going the right way. Indians can brag their economy is 2 or 4 trillion but tourists can see it being a shit hole and not believe it.
 
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It's all cool though. What's important is that you see the transformation of the nation going the right way. Indians can brag their economy is 2 or 4 trillion but tourists can see it being a shit hole and not believe it.

They are now going after the quality over the quantity.

Because of the diminishing bubble in our real estate has decelerated our GDP growth.

Wen Jiabao has created the big mess since 2008, and now Xi Jinping is going to fix it.
 
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Maybe the gap is smaller than that, since we are growing much faster now, than the US was growing in 2000. :tup:

Indeed, we are now going twice as much in quantity compared to the growth of the US economy since in 2000.

We are now taking the quality over the quantity, but it doesn't mean that our growth rate will keep decelerating.

When we are reaching a new breaking point for the growth, so don't be surprised that our growth rate will bounce back to 8% if not the double digit like in the 2000s.
 
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Very good. Now on to the second hard part of transforming our low cost industry, It's not going to be easy thought. :-)
 
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