To: CarrotAndStick
108% in TEN years, i.e., an annual growth rate of 10.8% within that period. This is consistent with reports on China's growth from several sources. Actually, 108% growth over 10 years is only 7.6% growth per year.
169 posted on
06/08/2005 12:17:18 PM PDT by
Toddsterpatriot
(If you agree with Karl Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
only 7.6% growth per yearConsidering the huge pent-up demand and the low development of their infrastructure, thats not incredibly high. I believe it was higher in Japan in the 50's/60's.
To: Toddsterpatriot
Would that be compounded growth?
247 posted on
06/08/2005 4:58:29 PM PDT by
CarrotAndStick
(The articles posted by me needn't necessarily reflect my opinion.)
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