Monday, April 09, 2007

China-sprinting to catch up USA
By S G Haque



The most populous nation China is one of the world's oldest continuous civilizations. besides the huge population and the great wall of china, the country is also better known for great inventions like, the compass, gunpowder, printing and autocratic rule. But today the story of Chinese turn around is echoing across the globe. The Indian economy expert Montek Singh Ahluwalia has also predicted that in the year of 2035, the Indian economy will be world’s third largest economy after United States of America and People’s Republic of China. China is being seen sprinting to catch up the most developed nation and super power United States of America. Here is some basic statistics regarding China.
The GDP of the country is $2.7 trillion i.e. $2,054 per person.
The country has collected $ 486 billion ($370 per person) on account of taxes.
The balance of trade is $ 177.5 billion surplus.
There are 15 doctors practicing per 10,000 people.
The number of airlines passenger is 160 million.
There are 35 cell phone users per 100 people.
The country has 9 private cars per 1000 people.
And the cable TV subscribers are 139 million i.e. 11 per 100 people.
The China is catching up fast. Is it because they have no politicians luring voters on religion, caste, creed or language.

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