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Following information indicates China Economy is on course to Surpass US in Purchasing Parity basis within 10 years.
http://finance.myway.com/jsp/nw/nwd...s&src=202&news_id=bus-pek292938&date=20050711
http://finance.myway.com/jsp/nw/nwd...k79199&date=20050810&alias=/alias/money/cm/nw
Currency reforms will mean that the gap in dollar terms will also close more quickly than previously expected. In addition to about 10% internal Economic Growth you can factor in probably another 10% per annum on GDP figures to take account of an appreciating currency.
Best Regards
Dave Wrixon
http://finance.myway.com/jsp/nw/nwd...s&src=202&news_id=bus-pek292938&date=20050711
http://finance.myway.com/jsp/nw/nwd...k79199&date=20050810&alias=/alias/money/cm/nw
Currency reforms will mean that the gap in dollar terms will also close more quickly than previously expected. In addition to about 10% internal Economic Growth you can factor in probably another 10% per annum on GDP figures to take account of an appreciating currency.
Best Regards
Dave Wrixon
