In 2002, the GDP of China was 10.2 trillion yuan, and the GDP of the US was 10.6 trillion US dollar. At the year-end exchange rate, China's GDP was 11.7% of the US'. In 2007, the GDP of China was 24.7 trillion yuan, and the GDP of the US was 14.0 trillion US dollar. At the end-end exchange rate, China's GDP was 24.0% of the US'. If we assume the relative paces of the … [Read more...] about (Letter) How fast China can catch up the US in GDP? It may be faster than you think.
Hidden Harmonies China Blog
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