After three decades of spectacular struggle, china passed japan in second quarter to become the worlds largest economy behind the US according to govt figures released early monday.
The milestone though anticipated is a striking evidence yet that China's ascendence is for real. China has got same landmass as of US but it has got the fifth population and insufficient resources. China is the threos of urbanisation and is far from developed and has got lot more room to grow.
China's rapid growth states that it will continue to fight fiercely with US for its natural resources. China's govt should be decesive as regards allocation of resources in such a way that other governments of this per capita level cannot.
:SugarwareZ-252:
The milestone though anticipated is a striking evidence yet that China's ascendence is for real. China has got same landmass as of US but it has got the fifth population and insufficient resources. China is the threos of urbanisation and is far from developed and has got lot more room to grow.
China's rapid growth states that it will continue to fight fiercely with US for its natural resources. China's govt should be decesive as regards allocation of resources in such a way that other governments of this per capita level cannot.
:SugarwareZ-252: