Friday, October 21, 2011

China and the global economy

" Never before in history has a country with such a low per capita income played such a central role in the global economy."
An article in which a Yahoo finance columnist argues that China will not dominate the world economy, but that China and India have a GDP per capita that is rising towards that of the developed world. And beyond that hje's skeptical whether China can make the transition from manufacturing to services.

http://www.jgmobile.net/article/20110821/ENT07/308219965/1134/ENT07&template=mobileart

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