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China’s Economy May Eclipse Japan’s as Soon as 2010 - NYTimes.co. CHINA. China Economic Net. China's growth could result in its own 'Lost Decade' - Feb. 11, By Chris Isidore, senior writerFebruary 11, 2010: 8:06 AM ET NEW YORK (CNNMoney.com) -- China is likely to soon overtake Japan to become the world's second largest economy, a milestone that will only fuel growing fears about the economic might of the world's largest country. China's economy grew by 8.7% in 2009, even in the face of a global economic slowdown. Japan, which will report its full-year numbers on Feb. 14, is expected to slip behind China due to the steep decline in its economy in the first half of last year. Both China and Japan are likely to end the year with a gross domestic product, the broadest measure of economic activity, of just over $5 trillion. To put that in context, that's only a little more than a third of the size of the U.S. economy. But with its huge population edge on the United States, many economists believe it is inevitable that China will eventually overtake the United States -- even if it takes another 20 or 30 years.

Echoes of Japan's problems. China GDP Growth Rate. Country Briefings: China. China's economy | Articles By Subject | Economist.com. China's currency policy not to blame: Thai economist. (Xinhua) Updated: 2010-02-22 22:53 BANGKOK: China's current currency policy does not affect other countries' export and its stability is vital to world economy, a senior Thai economist said Monday. The Renminbi rate is not the main factor for China's trade surplus with the United States and the European Union, Associated Professor Dr. Sompop Manarungsan from Faculty of Economics, Bangkok-based Chulalongkorn University said in an interview with Xinhua.

Instead, production cost, particularly low labor cost, is the real reason that China remains trade surplus with the United States, Sompop said, elaborating that the average US annual income is 15 times higher than that of the Chinese people. Therefore, even the dollar exchange rate were reduced to half of its present level, the United States still can not solve the problem of trade deficit with China, he said. "The Japanese yen is a example. More Economist Upgrades For China's GDP Growth.

Posted by: Frederik Balfour on June 25, 2009 Signs that China’s economic recovery is gaining speed have led to a flurry of optimistic revisions to GDP growth forecasts in the past week. First the World Bank upped its estimate for Chinese economic growth to 7.2% as against its March forecast of only 6.5% growth for this year. A few days later, the OECD weighed in with a prediction of 7.7%, versus a 6.3% figure three months ago. Credit Suisse is calling for 8% growth this year and 9% in 2010. [And for our many readers who come blogs on China for Indian content, Credit Suisse is calling for 6.2% and 7.4% growth of the Indian economy in 2009 and 2010.]

Evidence of strength abounds. More importantly, China’s property sector is rebounding faster than most had predicted. What’s more prices have not only stopped falling but in cities like Shanghai they are picking up, contrary to expectations just a couple of months ago of a lousy year. World Bank Chief Economist: China Should Leave its Currency Alon.

Economist, O Medo (ocidente) do Dragão: China aumenta participaç. Pessoal, usei o tradutor do google (aqui) para traduzir esse artigo da The Economist, sobre o "medo" crescente do ocidente (sic!) Do dragão Chinês. Esse texto da economist, lembrou-me direto e reto, um professor neoliberal da USP, duas décadas atrás, depois de passar um periodo no Japão, voltou pasmado com o potêncial japonês, seja econômico, criatividadade, etc&tal. Ele passava a impressão que o Japão iria engolir o mundo, dizia, "não temos como competir" , pois foi essa a imagem que me veio a mente ao ler esse texto da Economist, , tive a mesma impressão, os caras estão abismados com a China, como nunca antes, tal qual o prof. da USP décadas atrás com o Japão, a diferença é que nós, de uma maneira ou de outra (o eterno espírito colonizado), sempre nos deixamos influenciar pelo norte, seja pelas idéias do norte, pelos deuses do norte, ou ultimamente, pelas listas universitárias do norte, mas agora são os países ricos, falando pela boca da economist (sic!).

China v Japan: Bubble trouble? Search | Economist.com. China's gross domestic product (GDP) growth. How China's GDP rose and fell from 1952 to 2009 1953 Hyperinflation conquered; civil war and land reform ended: GDP up 15.6% in real terms. 1958-59 So-called "Great Leap Forward" devastated agriculture: result was falling GDP in 1960-62. (Figures for 1958-59 highly suspect, as the statistical network was largely destroyed in the "Leap", when absurdly high increases in output were reported by frightened local officials.) 1963-66 Partial restoration of market economy in the countryside promoted faster growth of agriculture. 1967-68 Production undermined by the so-called "Great Proletarian Cultural Revolution", that was initiated by Mao in mid-1966 and effectively ended by People's Liberation Army intervention in 1968. 1969-70 High growth rates followed the restoration of order after the "cultural revolution". 1993 Zhu Rongji appointed to rein in the overheating economy, this time more selectively than in 1989-91.

In 2008 the global economic crisis began to reduce China's growth rate.