Posted on 11/04/2007 2:02:22 PM PST by shrinkermd
Here is some interesting trivia about China:
It has the second largest GDP by purchasing power parity.
It has the fourth largest economy in the world by GDP. The poverty rate went from 53% in 1981 to 8% in 2001.
It is the second largest exporter in the world. It is the world's second largest importer of petroleum. It is is the third largest importer in the world. It is largest consumer of steel in the world. It is largest consumer of concrete in the world. The Shanghai Stock Exchange index rose 130 percent in 2006. Approximately 91% of the population is literate.
When the Industrial and Commercial Bank of China, China's largest bank, went public in October 2006, it was the largest IPO in history at the time.It is the largest country in the world by population, with about one fifth of the world's population residing there.
(Excerpt) Read more at seekingalpha.com ...
What do you expect? People here couldn’t wait to read more bad news from China.
It's like a new form of political correctness. Anyone saying something positive about China is an appeaser.
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