China GDP will grow 9.5% to 10% in 2010, and U.S. GDP will grow 2.5%.
In the report, OECD economists forecast China GDP to grow by 8.5% this year and 8.9% in 2014, one of the more estimates around.
On Wednesday, the World Bank upped the ante for China GDP, saying it would grow at 8.4 percent instead of their previous forecast of 8.1 percent.
Their base case is that China GDP will grow by about 8 percent in 2012-14, but concluded that these six reasons were sufficiently compelling to assign a one-in-three likelihood of a hard landing before 2015.
China GDP growth for the first quarter of 2013 slowed to an annualized rate of 7.7%, below the consensus estimate of 8%, and down from an annualized rate of 7.9% in the fourth quarter of 2012.
China GDP was 9.3 percent in 2011.
FORBES: Barclays Calls China's Recent Data Dump 'Unexciting'
If real GDP in China and America continued to grow at the same annual average pace as over the past ten years (10.5% and 1.7% respectively) and nothing else changed, China's GDP would overtake America's in 2022.
While this would be strong in most nations, it is a slowdown for China after GDP grew 9.2% in 2011.
FORBES: Base Metals Slide In Recent Weeks On Demand Worries; Better Days Seen Ahead
Consumption is just 36% of GDP in China compared to 70% of GDP in the U.S. as of 2011.
FORBES: Mirae Asset's Fave Emerging Mkt Ideas Incl. Brazil Real Estate, Russian Retail
China averaged annual GDP growth of about 10% for the previous decade before the recent downturn.
Wal-Mart now consumes 10% of China's exports to the U.S. and 1% of China's GDP.
A. I believe China can maintain GDP growth of at least 6% to 8%.
FORBES: Asia's Richest Man Li Ka-shing Discusses Tech, China And The World Economy
China's GDP growth fell to 6.8% in the year to the fourth quarter, the slowest pace for seven years.
Since by that reckoning China's GDP is currently only two-fifths the size of America's, that day may still seem distant.
Investment and consumption each now account for around 50% of China's GDP.
China's GDP rose 9.1% in the third quarter of 2004 , compared with 9.6% in the second, and 9.8% in the first.
From 2002 onward, China exhibited amazing GDP growth, climbing 11.4% in 2007.
"By any standard, China's GDP growth is still among the highest in the world, but stock valuations are among the cheapest in the region, " said Mingchun Sun, Asia economist for Daiwa Securities.
Amid all the talk of addressing the wealth gap, the party's plenum reiterated a commitment to rapid growth by restating a goal of raising China's GDP to double its 2000 level by 2010.
China's GDP growth slowed to an annual rate of a mere 10.1% in the second quarter of this year, from 12.6% a year earlier, and most economists expect it to drop to 8-9% in 2009.
ECONOMIST: China is pretty well placed to cushion a global downturn
While the Wall Street Journal (and others) look at China on a GDP per capita or the average spending power of the populace, these sources are overlooking the spending size of the upper middle and upper classes.
At present consumer spending is negligible, while government spending accounts for 26 percent of GDP (compared with the U.S. where consumer spending accounts for 70 percent of GDP and wherein China consumer spending has grown to 37 percent of GDP).
Second, the Smithian effect mitigates rising inequality in India, a serious issue: 48 billionaires in India own 10.9 percent of the GDP (in China, another country with significant inequality, 95 billionaires represent only 2.6 percent of GDP).
While GDP growth in China is likely to be between 7% and 9% longer term, U.S. GDP growth will be between 2% and 3%.
The US invest approximately 2, 7% of its GDP, China 1, 4% and Brazil a mere 0, 9%.
The GDP of China and India is many times bigger now than it was in the mid-1970s.
Regarding China, although their GDP came lower than the consensus it was in line with estimates of many analysts including ours.
FORBES: World Events Tell Us That Gold And Silver Have Lower To Go
As it pointed out, Japan at the start of the 1990s accounted for a bigger share of GDP than China does today.
应用推荐