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China catching up to Japan as second largest economy
Iraq Sun
Sunday 1st August, 2010
China will soon become the world's second-largest economy.
Changing the balance in the Asian area, China is set to overtake Japan to surge to second place after the US in total economic output.
It will be the first time since the 18th century, that China has served as Asia's military, technological and cultural power.
China has become the biggest exporter, auto buyer and steel producer in the region, with its worldwide influence growing.
While Japan's people are among the world's richest, with a per capita income of $37,800 last year, China's rise has produced glaring gaps between the poor and wealthy.
China has dozens of billionaires in among some of the most needy people in the world.
In China, the per capita income is $3,600.  Email this story to a friend
Comments on this story
| By Anonymous, 08-01-10, 03:49 PM |
China to become second largest economyStop wasting your time on Western journalism making false claims.
The largest economy in the world now is China if one makes the objective comparison in industrial output instead of the per capita income and of the faked GDP based on overprinted fiat paper money circulated in the West. Japan may be the second. The US is history.
If we combined Russia with China, it is the most powerful economic and military bloc in the world! That is the reality. However, it is better for China from now on to focus on qualitative industrial output instead quantitative industrial output. There is also a need to balance development with environmental and social issues. However, the environmental programs pushed by the West for decades now have nothing to do with environmental protection but more to do with repetitive environmental destructions followed by deliberate ineffective repetitive reconstructions to keep the USD floating and enrich the bankers themselves perpetually.
The economic model taught by the West for centuries to the developing world is unsustainable, environmentally damaging, and purely based on profit for bankers.
The anglo-american (owned by Jewish bankers) hegemony is history. Their dream of the NWO is kaput! |
| By elenore, 08-01-10, 06:30 PM |
| Europe(still sleeping from WW2 massacres) is the Richest Continent in the World.America has more resources per person many we don’t use because it is cheaper to purchase from others than use our own.America is almost 100% self sufficient with the exceptions of Coffee and Oil.Russia and China as one military, FAT CHANCE.Russia is rebuilding quickly just like Germany after reunification.You have no idea what your talking about Russia doesn’t need anyone.They went broke briefly the same way the U.S. is going broke briefly because of HANDOUTS to poor nations.Russia has nothing,nothing to gain from China except as a purchaser of resources.Besides isn’t China trying to block not just the U.S. but Russia as well from join ASEAN block.The things we get from Asia we can’t get elsewhere including ourselves no one will really would miss junk products from Asia which are less than 3% cheaper than being made in NAFTA nations.As far as china buying U.S. debt that because no one wants to get paid in the toilet paper China calls currency so they buy our debt which is minimal since more than 80% is purchased by Americans and U.S. banks and Corporations for the investment not to mention the other reserves the U.S. has like Gold,Silver,Diamonds,etc.. not including the mines sitting idle because we no longer need to dig up.Russia and China were a sorta military block once they failed because China had nothing to offer same as today.Russia had to pull all the weight. |
| By What a typical white trash talk!, 08-01-10, 07:41 PM |
white trash will never like to admit that they are losing!!!Arrogant and ignorant white trash will never like to see that the white people world is on the decline. White people ideology, phylosophy, politics and influence is diminishing fast in Asia. China was on top of the world for the past 1800 years and now she is back on top again. When she was the only superpower in the past, white people were still monkeys, living in cages with little to wear and fighting each other for territories. Once those monkeys ALMOST reached the end of their human revolution process, they started to attack other countries, killed anyone who didn’t follow their ideology, phylosophy, and religion. They called it “Bringing cilivilization to other peoples” In fact, the white trash are the ones needed to be civilized. Because they ALMOST reached the end of the human revolution process, they still carry in them the animal instinct of loving to kill other people. If US is 100% self sufficient, why have they been they going around the world, creating chaos, wars and killing innocent people just to steal resources? If US is 100% self sufficient, then why do they have to beg China for money to save their economy? US banks, corporations are bankrupt. People in the US are forever working slaves for generations to pay, just pay, the interest of those loans that China lent to US. The principals, China like to keep them there so China can earn billions and billions of dollars of interests annually from the working slaves!!!Hahaha... |
| By chink_chopper, 08-02-10, 03:50 AM |
| no matter what, but USA will stay #1 in this 21st century.
eat your heart out china |
| By indian ass-licker, 08-02-10, 07:43 AM |
only indians like to lick white men's assonly indian ass lickers believe that usa will stay #1 in the 21st century...hahaha... |
| By Anonymous, 08-02-10, 10:00 AM |
| (no matter what, but USA will stay #1 in this 21st century.)
CHEERLEADERS ALWAYS SAY THAT EVEN THE SCORE IS 5-0 IN THE SOCCER MATCH AGAINST THEIR TEAM AND THERE IS ONLY 30 SECONDS LEFT IN THE GAME.
BY THE WAY, THIS MATTER IS NOT ABOUT WHITES OR BLACKS LIKE SEEN FROM THE POSTS ABOVE. THEY ARE DECOYS SENT BY THE WESTERN BANKERS (JEWS) TO DIVIDE AND CONQUER. BY TURNING IT TO BECOME A RACIAL ISSUE, THE JEWS ARE TRYING TO SPLIT UP THE MOST POWERFUL BLOC IN THE WORLD. SO POWERFUL THAT THE JEWS ARE POWERLESS TO OVERCOME.
IT IS FACT THAT THE CHINA-RUSSIA BLOC TODAY IS THE MOST POWERFUL ECONOMIC AND MILITARY BLOC IN THE WORLD! WITH LOTS OF ENERGY (BLACK GOLD) AND INDUSTRIAL OUTPUT PLUS THEIR NUCLEAR ARMS ARSENALS THERE IS NO MATCH. |
| By chink_chopper, 08-02-10, 03:45 PM |
|
indian ass-licker;218425:
only indian ass lickers believe that usa will stay #1 in the 21st century...hahaha...
and only dum a$$, half breed pakis will worship china after allah.
without USA’s donations, you starving PAKIs will be all dead. slopeheads will never give you pakis generous donations like the west. |
| By chink_chopper, 08-02-10, 03:52 PM |
|
Unregistered;218451:
IT IS FACT THAT THE CHINA-RUSSIA BLOC TODAY IS THE MOST POWERFUL ECONOMIC AND MILITARY BLOC IN THE WORLD! WITH LOTS OF ENERGY (BLACK GOLD) AND INDUSTRIAL OUTPUT PLUS THEIR NUCLEAR ARMS ARSENALS THERE IS NO MATCH.
china doesn’t have oil. it has only 300 to 400 nukes. china is way behind russia (forget about USA). russia don’t trust china and the their recent wargames prove that they are preparing for a showdown with china instead. russia may join USA in any action against china.
what makes you say a russia “china” bloc?
remember, the chinx joined nixon against old USSR and should that come off the russian slate that easy? |
| By indian ass-licker, 08-02-10, 04:14 PM |
only indians like to lick white men's asswhite men, when you finish shitting, please don’t wipe your ass, we indians will lick your ass clean for you...we indians love licking white men shit...hahaha... |
| By chink_chopper, 08-03-10, 02:51 AM |
|
indian ass-licker;218531:
white men, when you finish ****ting, please don’t wipe your ass, we indians will lick your ass clean for you...we indians love licking white men ****...hahaha...
and you half breed pakis licked american a$$ for well 60 years and still doin' it ya islamic pan handlers.
islam is to blame for your pathetic state of extreme poverty and living in stone age. |
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