Reflections of a BizDrivenLife

A Technology Entrepreneur Shares his tips on how to win in Business… and in Life!

Calendar

October 2006
M T W T F S S
« Sep   Nov »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  


Latest Comments:



My other Blogs
My Social Networks
My Tagged News
 
 
 

Subscribe to this Blog:
Add to Google Add to netvibes

Category:

The Economic Impact of China

October 20th, 2006 by Administrator
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

BusinessWeek reports on the ‘China Numbers like:

-3rd quarter growth of 10.4%  ( after nearly 11% during the first half of 2006)
- Total GDP of $2.2 trillion and recently overtook britain as the fourth biggest economy after US, Japan and Germany.
- Close to $1 trillion foreign exchange reserves.
- World’s number 3 trading nation, exporting and importing over $1.4 trillion worth of goods per year with global trade surplus of $102 billion in 2005.  IT is estimated to ahve a surplus of $150 billion for 2006.
- It had a $127 billion surplus with Europe and a $202 billion surplus with US in 2005.
- consumes 20% of the aluminum, and copper, 30% of steel, iron ore and coal, and 45% of the cement produced each year.  More …

del.icio.us Digg it reddit StumbleUpon

Posted in FrontPage, on China/Asia | 2 Comments »