Have You Noticed How Much China Is In The News?

August 17, 2011

Population density (people per km 2 ) map of t...

Image via Wikipedia

Have you noticed how much China is in the news? There is a good reason for that, well two good reasons.

1.  China has the largest population in the world.

As of November, 2010 its population was 1,339,724,852. That is 19.31% of the world’s population.

In contrast, the US population is 312,004,000 or 4.5% of the world population.  Numbers talk don’t they.

 

2. China’s economy will overtake the US in the near future – 2016

Now that is news worth paying attention to.

According to the latest IMF official forecasts, China’s economy will surpass that of the US as measured by GDP (Gross Domestic Product) in 2016.  This means the total production of goods and services.

This does not mean that China will be the richest country in the world as measured by per capita income.

One must keep in mind that China is still in the process of industrializing while the US has been highly industrialized for more than a century.

How much to do you know about China? It might be time to start learning about this mega ship.

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