The Australian Financial Review's correspondent in China is leaving after having reported from there since 2004.
She records some rather startling facts - which clearly show the astounding growth and development of China in the last 7 years since she first arrived.
She records some rather startling facts - which clearly show the astounding growth and development of China in the last 7 years since she first arrived.
- the economy has doubled
- in 2004 GMP was 15.9 trillion yuan. In 2010, 39.8 trillion yuan
- in US dollar terms China's GDP has actually tripled over the last 7 years from US$1.93 trillion to just over US$6 trillion today
- in 2004 China was the 7th largest economy in the world, having slipped past Italy to qualify for 6th position
- today China is the second-largest economy in the world having just beaten Japan to #2 spot.
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