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China to get Gold Medal in Manufacturing: To overtake US as largest manufacturer

By: openborder send a private message
Palo Alto : CA : USA | about 1 year ago  
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We have been hearing all about the growth in China and that one day it will surpass the U.S. Well the time has finally come-China is set to overtake the US next year as the world's largest producer of manufactured goods. This is happening four years earlier than expected because of the rapidly weakening US economy.

Global Insight revealed the acceleration in a forecast for FT. Estimates indicate, China next year will account for 17% ($11,783bn) of manufacturing value-added output and the US will make 16%.

The US was in the top position last year accounting for a fifth of the total. China was number 2...

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READ MORE: China, U.S., Economy
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Post a Comment Comments: 1
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Posted By Rsaeed Rsaeed | 2 days ago
china is great i one day he will rule over the world and america will be ruined
Reported by openborder
openborder

Member Since Feb 06, 2008

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