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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (600432)2/11/2011 5:37:49 PM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 1575311
 
It has the largest currency reserves

A very poor measurement of strength of the economy.

one of the fastest growing GDPs

Which means if you define economic strength in terms of GDP growth its one of the strongest economies, not the strongest. Also GDP growth rate is far from the only measure of the health of the economy. Even just looking at statistics you can look at GDP (China is number 2 by most measurements, 3 by some), GDP per capita (China is somewhere between about 75th and worse than 100th depending on the measurement), Exports per capita (China #80, the US is number 46).

Beyond statistics China has a severe pollution problem, an apparent bubble in certain areas, a lot of controls that keep people from enjoying the full extent of their increased wealth, a lot of corruption...