China’s economy

Daily Global Roundup: 20 January 2011

China’s economy grew 10.3% in 2010” by Helena Hong, Pauline Chiou and Kevin Voigt

The Chinese economy continued its breakneck growth in 2010, expanding by 10.3%, according to government figures released Thursday.

Last year China’s economic output eclipsed Japan to become the world’s second largest economy with just over $6 trillion, completing a decade long gallop that saw it jump the economies of France, the UK and Germany. China’s growth in 2009 was 9.2%.

The U.S. is the world’s largest economy with an estimated $14.6 trillion GDP for 2010.

Read more at CNN

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