China will overtake Japan in 2010
Three instead of ten hours now, travelers need only to 1069 kilometers long route between Wuhan and Canton. With the pace of 394 flits the fastest train in the world through the country. But there is also China’s economy is at full speed.
The Statistical Office in Beijing just revised the growth of Chinese economic output for 2008 from 9.0 to 9.6%. China will overtake Japan faster than expected as the second largest economy in the world. It is expected as early as next year. The reason is mainly the services sector, which plays a larger role than previously suspected.
source: wallstreet-online.de
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