General ideas about China's Economy

       As many of you may have already heard, China's economy is rapidly expanding, becoming one of the most efficient economies on the planet.But you've got to ask yourselves, how much do you really know about China's economy?
Let me walk you through the details.

       China   is the world’s second largest economy after the U.S. and  the second largest trading nation in the world.China is also the world's fastest growing major economy and it's per capita income was at $ 6, 567 in 2009.

      What is undeniable is China’s rapid economic growth over the past 25 years since the beginning of economic reforms in 1978, of, measured in gross domestic product (GDP), on average 9.37% per year. In economic size China is surpassed today only by the U.S., Japan, Germany, and France. Its share in global growth 1995-2002 has been estimated at 25%, compared to 20% for the U.S.

      As we can see, China's future is certainly a shiny one, but this we will see in the next article:).