Liffrea
08-18-2010, 03:08 PM
THEY feed and clothe us, its billionaires own our companies and this week China officially became the world's second biggest economy, a step closer to its ultimate communist goal of global domination.
ABOUT 15 years ago in a town in south-western China I interviewed a man who owned a factory manufacturing wickerware – little baskets and trays, the sort of knick-knacks you find anywhere from market stalls to posh home furnishing emporia.
He was also a father of six, in blatant contravention of China’s one-child policy, as he cheerfully admitted.
“But I don’t care,” he told me. “I can afford the fines. I am a successful businessman. I am a modern Chinese and there are many more like me – just wait and see.”
He and his countrymen have not kept the world waiting for very long. In a single generation, China has rocketed to the top of virtually every economic league table. Yesterday it was revealed that China has now overtaken Japan as the world’s second biggest economy.
The Chinese economy is now growing at a staggering 10 per cent per year while Japan – which has held second place since 1968 and is now China’s main trading partner – can only manage three per cent at most. Analysts believe it is only a matter of time before China claims the number one spot from the United States.
http://www.express.co.uk/posts/view/193853/China-The-world-s-second-biggest-economy
ABOUT 15 years ago in a town in south-western China I interviewed a man who owned a factory manufacturing wickerware – little baskets and trays, the sort of knick-knacks you find anywhere from market stalls to posh home furnishing emporia.
He was also a father of six, in blatant contravention of China’s one-child policy, as he cheerfully admitted.
“But I don’t care,” he told me. “I can afford the fines. I am a successful businessman. I am a modern Chinese and there are many more like me – just wait and see.”
He and his countrymen have not kept the world waiting for very long. In a single generation, China has rocketed to the top of virtually every economic league table. Yesterday it was revealed that China has now overtaken Japan as the world’s second biggest economy.
The Chinese economy is now growing at a staggering 10 per cent per year while Japan – which has held second place since 1968 and is now China’s main trading partner – can only manage three per cent at most. Analysts believe it is only a matter of time before China claims the number one spot from the United States.
http://www.express.co.uk/posts/view/193853/China-The-world-s-second-biggest-economy