Warm up yourself my friends, the Chinese Dragon is flying past after defeating different giants one by one in controlling population, registering double digit growth rate in the last three decades consistently, achieving surplus in international trade with the world’s biggest economy i.e. USA for several years, strengthening its military presence in strategic points, obtaining the first position in Olympic games, launching the biggest show in the form of Trade Fair in Shanghai, rubbing shoulders with other permanent members in the Security Council of UNO etc etc. Well we don’t know where we are although our leaders project ourselves as the contender for the position of a Super Power in 21st century.
Five years ago China’s gross domestic product was about $2.3 trillion about half of Japan’s. China’s per capita income is $3600 and that of US is about $46000. In the first quarter of the current year China has overtaken Japan, as feared and expected in many quarters, as Number Two Economy in the world. Economic pundits apprehend that China will pass the US as the world’s biggest economy as early as 2030. You know that America’s GDP was about $14 trillion in 2009. It is obvious we the Indians are nowhere in the picture for the present.
Five years ago China’s gross domestic product was about $2.3 trillion about half of Japan’s. China’s per capita income is $3600 and that of US is about $46000. In the first quarter of the current year China has overtaken Japan, as feared and expected in many quarters, as Number Two Economy in the world. Economic pundits apprehend that China will pass the US as the world’s biggest economy as early as 2030. You know that America’s GDP was about $14 trillion in 2009. It is obvious we the Indians are nowhere in the picture for the present.
Another factor of concern is that the latest global Education First - English Proficiency Index shows India standing in 30th place and a spot above it - China. This is the first time it has topped India in these rankings. In 2009, a report by the British Council of India revealed that China was pulling ahead of India in boosting Engish usage.
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On Fast Track @ 500 kmph: China tests super high-speed train over the week-end in the last week of December 2011 as the country moves ahead with its railway ambitions despite problems on ite high speed network.
Look at their world-class ambitions. In fact they want to excel in every field of activity as per a plan and prove their might and superiority in the 21st century. Corruption at the highest level in all major schemes is of course the bane of Chinese society as it is true of every other Asian or African country.
Well done China! We too are proud of your achievements.
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