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China: It’s Not As Big As You Think

Posted by Matt in December 18th, 2007

The common wisdom is that China’s large and fast-growing economy could overtake the U.S. as soon as 2012. Not so fast. New data suggest China’s not quite as big as economists once thought.

The World Bank’s latest estimates for the global economy contained a stunner of a statistic: China accounts for just under 10% of the world’s total output — or about 40% smaller than thought.

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[Countries link to CIA Factbook. States link to Wikipedia.]


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