What is the GDP of China and how does it compare with the US? Last 10 years versus today versus next 10 years?

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What is the GDP of China and how does it compare with the US? Last 10 years versus today versus next 10 years?

2007-01-25 05:12:29 · 1 answers · asked by fchii 1 in Social Science ➔ Economics

1 answers

According to the latest news, in US Dollars

US: 13.5 trillion GDP, growing about 3% per year over time

China: 2.7 trillion GDP, growing about 10% over time.

You can do the math yourself.

China is currently growing very rapidly, but it's economic growth will certainly slow down over time: as it becomes larger relative to its trading partners, its export opportunities will inevitably shrink as a portion of the total GDP.

2007-01-25 08:12:23 · answer #1 · answered by KevinStud99 6 · 0⤊ 0⤋