Monday, February 21, 2011

China overtakes Japan as the world's second largest economy!


China's economy continues to grow fast. It is expected to overtake USA in the next 10-20 years. However due to large population the GDP per head is still relatively low with millions living in poverty. The growth of China's economy is putting severe stress on the environment as you can see in the picture of Shanghai on the post below. The Chinese population needs to now see the social benefits of this economic growth as they will demand improvements to health and education.
Are we worried about this? Why?

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