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China Is Almost Certainly World’s Second Largest Economy
8 hours ago ago from 24/7 Wall St.
China almost certainly became the world's second largest economy in 2009, passing Japan, which has held the distinction for decades. The People's Republic raised it growth forecast for 2008 to 9.6% from 9% which took the total to over $4.6 trillion. The Chinese government says it will show economic growth of 8% and the financial ministry has suggest that the 2009 number will almost certainly be revised up early next year. Japan's GDP did ...
Related contentWhen Will China Become the World's Largest Economy?
4 hours ago ago from Dave Manuel - Real Estate, Stock Market and General Economy Views, Articles and Opinions
Earlier this week it was revealed that China had very likely passed Japan to become the second largest economy in the world. This was originally expected to take place in 2010, but thanks to higher-than-expected economic growth for the Chinese an...
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3 hours ago ago from Icon Extras
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Related contentQuiz 300: Financial & Economic Awareness for All Examinations
8 hours ago ago from General Knowledge Today
1.Since 1st April, 2008, the pension contributions of Central Government employees are being covered by the New Pension System (NPS). Which among the following was the first public sector entity to join NPS? (A)Bharat Gold Mines Ltd (B)Hindustan Zinc Ltd (C)National Aluminum Company (D)Bharat Heavy Electricals Ltd (E)Indian Oil Corporation 2.A large private bank has a Capital Adequacy Ratio of 17.7 on December 27, 2009. Which ...
Related contentChina, Japan, N. Korea, Greece, India Are All Bankrupt
13 hours ago ago from Welcome the Light
[I've listed here some countries that are in the MSM as being bankrupt. I will continue to update this list when I find more articles (or you guys send them in). Tony] Saturday, December 26, 2009 By Porter Stansberry via Kitco, h/t: Jim Sinclair It's one of those numbers that's so unbelievable you have to actually think about it for a while Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in ...
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