8/08/2008

Tiananmen Square Massacre Map

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Anonymous Anonymous said...

http://www.ft.com/cms/s/0/2aa7a12e-6709-11dd-808f-0000779fd18c.html

China to overtake US as largest manufacturer

China is set to overtake the US next year as the world’s largest producer of manufactured goods, four years earlier than expected, as a result of the rapidly weakening US economy.

...

The data underline the surge of China’s manufacturing-led economy in the past 20 years. In 1990, before economic reforms began to work, it accounted for a meager 3 per cent of global manufacturing. Manufacturing accounted for just 17.5 per cent of global gross domestic product in 2007, but much activity in the considerably larger area of services, for instance in retailing, distribution, transport and communications, depends on it.

The expected change will end more than a 100 years of US dominance.

8/11/2008 1:25 PM  

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