Entries from seikatsu tagged with 'asia'

China Is Larger Than Germany

"Well, duh", you might say, but actually until recently it was not. GDP-wise that is. Based on 2007 numbers, the top economies in the world were: the US of A, $13.8 trillion Japan, $4.38 trillion China, $3.38 trillion Germany, $3.32 trillion Media coverage around this change has a lot of interesting facts, worth reading Bloomberg and Washington Post for example: China's economy is 70 times bigger than when leader Deng Xiaoping ditched hard-line Communist policies in favor of free- market...