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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (3342)	7/12/2004 2:22:23 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

"The Bush administration can couch Beijing's new role in whatever politically advantageous language it wishes, but, ultimately, it comes down to this: China's influence is rapidly rising and America's is rapidly declining. Trade numbers help explain the transformation in Asia. Within six years, China's economy will be double that of Germany's, now the world's third largest. By 2020, it is expected to surpass Japan as the world's second-largest economy. Japan already imports more from China than it does from the United States. And China has become the largest trading partner of South Korea, the world's 12th-largest economy. Clearly, the juggernaut has already begun. " nytimes.com