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To: All

This is puffery.

China’s ecconomy is SMALLER than the increase in our ecconomy.


6 posted on 08/09/2007 9:43:08 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory
China’s ecconomy is SMALLER than the increase in our ecconomy.

I'm afraid that's untrue. The increase in China's economy in the most recent quarter was bigger than the increase in the US economy. (That's a blip, of course, due to the sub-2% US growth rate and the double digit Chinese growth rate). The US economy is 5 times the size of the Chinese economy. For the increase in the US economy to be bigger than the entire Chinese economy - at its present size - the US economy would have to grow 20% a year. That's just not very likely for a developed economy that doesn't have the benefit of copying somebody else's innovations.

20 posted on 08/09/2007 1:29:58 PM PDT by Zhang Fei
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To: longtermmemmory

“China’s ecconomy is SMALLER than the increase in our ecconomy.”

They produce more automobiles annually then we do.


22 posted on 08/09/2007 2:13:10 PM PDT by hubbubhubbub
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