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China's Economic Climb

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Uploaded by on Jan 27, 2010

Some recent financial data has caused a certain amount of excitement over the current state of China's economy. And it's not just in China where people have been taking note. Those in the US could also be eyeing China's growth nervously.
Move over Japan. Here comes China. The most populous country in the world is on course to overtake Japan this year as the world's second largest economy. According to preliminary figures, China's GDP in 2009 reached four point nine trillion dollars, up nearly 9 percent year-on-year. Even though Japan's GDP figure won't be released until next month, the outlook for China seems promising.

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