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Thread: Forbes: China Is No. 1

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[quote=LEONARDO,273041]In order to present a full picture, I have to borrow the lead of the author's writing in the following. Please give full atribute to the author. For the full text, you can follow this link: 
http://www.forbes.com/home/business/2008/02/25/china-economy-gdp-biz-cx_bw_0226china.html .

>>China Is No. 1
Brian Wingfield, 02.26.08, 10:00 AM ET

Washington, D.C. - China's a big-number nation. The world's largest population (1.3 billion people). The world's most valuable company ( PetroChina). The fastest-growing economy (9.7% rate annually since the 1970s), which will probably surpass Germany as the world's biggest merchandise exporter in 2008.

What's more, when researchers at Georgia Tech recently graded the high-tech competitiveness of 33 countries on a 100-point scale from 1996 to 2007, China skyrocketed to the top ranking while the U.S. fell from its 1999 peak. If this trend continues, China could soon replace the U.S. as the main engine of the world's economy, the study suggests.

Small wonder pundits have long said the 21st century belongs to China. And perhaps there's no better way of getting a sense the country's size and ambitions than by looking at the numbers. <<[/quote]

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