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China to be biggest economy globally by 2050
As a major player on everyone's lips, China, the world's fastest-growing economy, is set to overtake the United States as the biggest economy globally by 2050, according to a PricewaterhouseCoopers report. Although China's growth is expected to slow from the current high rate, it will surpass the United States based on purchasing power parity by 2050 and lead seven other emerging countries to overtake the Group of Seven, or G7, as the world's biggest economic bloc, the report said.
China's GDP grows by 10.2% in first quarter
Chinese mainland scored a 10.2 percent growth in its gross domestic product in first quarter of this year, said Hu Jintao, general secretary of the Central Committee of the Communist Party of China, in Beijing Sunday.
Guangdong leads China in GDP ranking
Beijing, China's capital, revised its gross domestic product (GDP) figure for 2004 immediately after the country published the result of the first national economic survey, the Beijing-based Economic Information Daily reported on Thursday.
Chinese bank official upgrades China's GDP growth estimate
Chinese central bank's research bureau raised its gross domestic product (GDP) growth estimate for this year Friday to 9.4 percent from 9.2 percent.
Oil prices cast shadow over economic growth prospects
The latest statistics on economic activity in July apparently defy previous concerns that deflation may soon return. Impressive trade and investment growth figures and a comfortably low consumer price index (CPI) indicate the economy has fared quite well so far this year.
World Bank: China's GDP growth at 9% in 2005
The World Bank said Tuesday China's economy is expected to grow by 9 percent in 2005, and about 8 percent in 2006.
3 factors to affect China's economy in 2nf half
The uncertainty of a soft landing in the real estate sector, noticeable slowdown of the export growth and tight money supply are the three problems that will affect China's economy in the second half year, says an article published by the Macro-Economic Institute under the National Development and Reform Commission.
Soft landing seen for China's economy
Steel price cuts, slower growth in oil demand and a survey showing that raw material shortages are easing provided new evidence Tuesday of a slowdown in China's breakneck economic growth.
UK to EU: Grant China market economy status
The European Union should recognize China as market economy and Britain is currently talking to other EU members on this issue, said Britain's minister of state for trade, Ian Pearson.
World must adapt to China and India - world bank
The world must adapt to Asia's rising superpowers China and India and avoid imposing tariffs to protect their economies, a World Bank official said on Wednesday.
China targeting sustainable economic growth
China will not pose a threat to the world as a result of its shortage of resources, as the world's most-populous nation is expected to sustain its economic growth through improving efficiency.
Economic growth spurs language learning
One interesting side effect of China's dramatic economic development is that more and more people from foreign governments, educational institutions and enterprises are learning to speak Chinese.
Economist: China can sustain 8% growth for next decade
China is not in danger of overheating and will be able to sustain growth of 8 percent a year for the next decade, a leading economist said on Tuesday.
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