Article

2007-07-18 China-Japan-Koreas

China overtakes Germany as world's 3rd-largest economy

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Posted by lotp 2007-07-18 00:00|| || Front Page|| [1 views ] Top

#1 Next stop...Japan!

I noticed that the reporter told of China's 2006 estimated GDP ($2.79 trillion), but nery a mention of Japan's or the U.S.'s (which are the top 2 in the world). I know a few years ago, the number of $12 trillion was thrown about for the U.S., but I don't know anything about Japan's GDP.

And, not to forget the Terminator, but does anyone know California's GDP (I know in recent history, it was the world's 5th/6th largest economy by itself)?

Posted by BA 2007-07-18 09:23|| 2007-07-18 09:23|| Front Page Top

#2 Nevermind. Wiki is your friend, and here's what I found:

* California alone (2004 data) = $1.543 trillion
* Japan GDP (2006 estimate) = $4.22 trillion

Posted by BA 2007-07-18 09:28|| 2007-07-18 09:28|| Front Page Top

#3 One of the reasons that China is roaring ahead like they are is that they are considered an emerging economy. As such, they are exempt from any restrictions imposed by the Kyoto treaty.
That, plus they don't have to worry about environmental damage in general, safety rules, etc.

Posted by Rambler">Rambler 2007-07-18 10:28|| 2007-07-18 10:28|| Front Page Top

#4 health insurance, workman's comp., unemployment insurance, minimum wage, paid vacation, sick leave, paid holidays, UPS sir charge, prop. tax, sales tax, income tax, corp. licensing tax, machinery tax,

Posted by Heriberto Ulusomble6667 2007-07-18 11:18|| 2007-07-18 11:18|| Front Page Top

#5 Yep, no worries on ANY of the above items, and yet they still manage to pay only $15/day! Quite the nirvana, I'd say!

Posted by BA 2007-07-18 12:27|| 2007-07-18 12:27|| Front Page Top

#6 ...actual product in their product... I'm still aghast at the cardboard-filled dumplings. I ran into my girlfriend who just moved back from Beijing in the grocery store yesterday. She's been back two weeks now, and is still overwhelmed walking through the grocery store.

Posted by trailing wife 2007-07-18 12:41|| 2007-07-18 12:41|| Front Page Top

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