China adds 4 greeces to GDP

[C130]

Slower China Will Still Grow by Four Greeces This Year - Bloomberg Business

As the frantic pace of China's economic expansion moderates, it's easy to forget just how much growth is still taking place.

In 2015, China's gross domestic product is forecast to expand 7 percent, generating more than $800 billion at current prices -- or about four times Greece's GDP.



are we witnessing a supernova superpower being born before our eyes?? in 100 years how rich and powerful will China be??? will they lead the space industry?? will Mars become a dragons nest??? I just hope I'm a alive and fit to see it.

 

[S10]

Heh the article right under says "China bubble is going to burst".

 

[C130]

Heh the article right under says "China bubble is going to burst".

the China bubble is a myth. it's gonna bust any day now,week now,month now year now, decade??? it will eventually trust me I'm a expert

 

[cirr]

Time to use SNA 2008，even a country like India has adopted the new standard for calculating its GDP。

 

[hans]

Why not slow down...
every country has a limit in development..
the more closer you get to it, the slower you will grow...

Heh the article right under says "China bubble is going to burst".

I think China will not exceed US in personal average wealth.
Yet due to population size, the total GDP will exceed US.
And nothing different from current global political situation.
China can hardly do whatever it want. Too much limitation from the worldwide..

Slower China Will Still Grow by Four Greeces This Year - Bloomberg Business

As the frantic pace of China's economic expansion moderates, it's easy to forget just how much growth is still taking place.

In 2015, China's gross domestic product is forecast to expand 7 percent, generating more than $800 billion at current prices -- or about four times Greece's GDP.



are we witnessing a supernova superpower being born before our eyes?? in 100 years how rich and powerful will China be??? will they lead the space industry?? will Mars become a dragons nest??? I just hope I'm a alive and fit to see it.

 

[Gufi]

China has one real advantage right now which is no lobbies as strong as those in America and no responsibilities in terms of military and aid that America has, and has much newer infrastructure base. And the foreign policy is working towards buying companies and starting projects with lump sum amounts which is making many nations see China as a friend and business partner.
But this is also giving jobs to Chinese and helping their companies who end up being partners in many if not all contracts. Also many nations end up signing trade agreements which further cements new markets for Chinese products to thrive. The policies are in place while China develops a stronger footing in the world market and moves forward to a more stable economy.
The Chinese bubble was starting to emerge but the economy was slowed down to prevent it which lead to a slower growth so a stimulus package, albeit small, has helped it get back to a more sustainable growth.
With the Chinese people going abroad, studying, and spending, there are new markets in China catering to the wealthy, new markets to cater to the tourism boom both by Chinese and foreigners, and proper policies making sure domestic research has progressed in both civilian and military terms has meant that the technological gap, though still large, is diminishing step by step.

 

[AndrewJin]

Why use Greece? Not Ireland, New Zealand or Finland?

 

[Gufi]

Why use Greece? Not Ireland, New Zealand or Finland?

The world is very involved in Greek numbers which are played in news daily with analysis so it is well known to people no one knows other economies that well

 

[AndrewJin]

The world is very involved in Greek numbers which are played in news daily with analysis so it is well known to people no one knows other economies that well

But Greek is in crisis, I think to use like add 5-6 New Zealand is better

 

[Jlaw]

Heh the article right under says "China bubble is going to burst".

It's normal in the western newspaper to report like this. In the local news last week I read how China was buying less cement and closing cement factories because of slowing growth, than on the bottom right there was an article about how China companies are buying up canadian companies, lol.

 

[Echo_419]

Time to use SNA 2008，even a country like India has adopted the new standard for calculating its GDP。

Really I thought that new standard was a myth & a lie

 

[AndrewJin]

It's normal in the western newspaper to report like this. In the local news last week I read how China was buying less cement and closing cement factories because of slowing growth, than on the bottom right there was an article about how China companies are buying up canadian companies, lol.

Great to see less cement factories.

 

[cirr]

Really I thought that new standard was a myth & a lie

China is delaying the adoption of the new method so as to make its economy look smaller than it really is，thereby avoiding unwanted attentions from unfriendly corners。

 

[Echo_419]

China is delaying the adoption of the new method so as to make its economy look smaller than it really is，thereby avoiding unwanted attentions from unfriendly corners。

& at the same time calling other economies who use this method liers

 

[cirr]

& at the same time calling other economies who use this method liers

What？What？What？Who is calling whom liars？