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To: Logophile

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.

About the per-capita income, since China's rates of growth are supposedly faster than America's, what can be theoretically interpreted from this article, and needn't be taken as fact, is that a car travelling at 10.8 mph will eventually catch up with one travelling at 2.5 mph, no matter what the gap between the two, provided both travel through the same route(i.e the same time period).


36 posted on 06/07/2005 9:51:51 PM PDT by CarrotAndStick (The articles posted by me needn't necessarily reflect my opinion.)
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To: CarrotAndStick
provided both travel through the same route(i.e the same time period).

But they don't, of course. China is a developing country with enormous built in demand and a still rather primitive (overall) infrastructure. It would be absurd to extrapolate that rate of growth out indefinitely. Not going to happen.

43 posted on 06/07/2005 10:34:20 PM PDT by Nonstatist
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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!!)
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