Over the past 25 years, its real gross domestic product has expanded at an average of 9% a year.
So, at this rate of growth, assuming they can keep it up indefinitely means their GDP doubles every 8 years. Ours is 11.2 trillion.
http://www.bea.doc.gov/bea/dn/gdplev.xls
It would take them 24 years to match our current GDP. Oh yeah, their population is almost 1.3 trillion to our almost 300 million.
So lets say another 16 years to match our current per capita GDP. Where will we be in 40 years? And do you really believe their government provided figures of 9% growth a year?
My point is that in your post # 216 you said One more time - if free traitin' is so good, why are China and India doing so well with trade barriers? China is the sixth biggest economy in the world, you know. Why? Can you tell me?
China and India may be doing better than before, but their GDP per capita is only $1,266 in China and $505 in India. Are they really doing so well?
Sure. Take a look at the numbers again. There's an entry that shows the GDP per capita in terms of buying power.