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Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Sunday, 1 August 2010

China closer to becoming second-largest economy


This article is about economic of China, a senior Beijing official's refer to China as "World second-largest economy" because in this year China rapid recent growth of economy. Rapid of economy growth as giant domestic product and expansion of the economic base. However, Now Japan is still second-largest economy because the base in 2009 said that "Japan's gross domestic product was worth about $5,080 billion, while Chinese GDP was initially reported to be not far behind at about $4,900 billion." The worth is very close so it will be true that China will become a second-largest economy in the world. Moreover, China have more people, more space for invest, export many materials and a bountiful country. So it will become an Asia new power house soon.

More details
"Mr Yi is stating the obvious; if China has not already overtaken Japan at this moment in time then it will very soon,"

"At some point this year China's economy will overtake Japan's as world's second-largest economy in nominal dollar terms"


Link
http://edition.cnn.com/2010/BUSINESS/07/31/china.economy.growth.ft/index.html?iref=allsearch#fbid=uKVreGaRTrQ

Friday, 16 July 2010

Google renews in China


This news is about economic in China. Google licence was operating with china again after the old-licence was drop down on January 2010. The Google site was closed since January until this month, but now it available again. Google said "they will follow all the law and they won't put any illegal article on it cause Google want to make contract with China. Google said "in China, the market of advertise on the internet can be mature around $15,000-20,000 because China had more internet user than the other country". In the other hand, China think, If they shut down the contact with Google, it can be affect with their progress and economy because Google is cover all the WWW around the world for example, if China don't have this web site china
will lose a lot of money that they usually get from the Google 2% and another reason is about education, I think if China don't have Google web-site. It will be a little bit difficult for student to find an article and some web sites that they are interested in.(affect to education)