February 21, 2005

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China's economic development

The Chinese economy is the wind beneath the world's wings. As a consequence the world is dealing with China's rise as a global geopolitical and economic power while China's citizens benefits from increasing living standards in a developing economy. But when will China finally make it as a developed country? Around 2080, according to one estimate. The Chinese Acadamy of Sciences estimates it will be a moderately developed country by 2050, reach adjective-free developed country status by 2080 and join the top 10 industrialised countries by 2100.

The China cliche industry has a long future ahead of it.

posted by Simon on 02.21.05 at 12:01 PM in the


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