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    I am now using this blog to re-post some comments I make other blogs. For my full management blog see the Curious Cat Management Blog

    Tuesday, January 24, 2006

    China now the 5th Largest Economy

    Topic: Economics

    China's Economy Grew 9.9% in 2005, Overtaking France

    China's economy grew 9.9 percent in 2005, overtaking France as the world's fifth largest, powered by exports and investment in factories, roads and power plants.

    Gross domestic product rose to 18.2 trillion yuan ($2.3 trillion) after expanding 10.1 percent in 2004, statistics bureau commissioner Li Deshui said today in Beijing. Investment in urban areas jumped 27.2 percent last year, he said.

    2003 data, from Geohive (their source the World Bank):

    United States:$10.9 trillion
    Japan:$4.3 trillion
    Germany:$2.4 trillion
    United Kingdom:$1.8 trillion
    France:$1.7 trillion
    Italy:$1.5 trillion
    China:$1.4 trillion
    Spain:$.8 trillion
    Canada:$.8 trillion
    Mexico:$.6 trillion
    South Korea:$.6 trillion
    India:$.6 trillion

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