Sunday, March 7, 2010

China looking to take Japan's place

China has, in the past years, become a global level market. They have the possibility of making big commercial exchanges with other countries and selling their products with an almost sure purchaser.
As China progresses, its economic possibilities also increase. It has shown growth of 10% during a three-month period.
It is believed, specially by the Chinese government, that if China continues developing with that speed, it can get to take the place that Japan currently holds as the second economic world power.

I really consider this as an interesting and important topic. I'm really impressed about the power China has gained during the last years. I think that the most important thing we can get from this, is having another market functioning and competing with the rest.
Some of us may feel fear about China gaining so much power. I don't think we should be afraid of this; as economy varies so much, it may be possible that our whole economic perspective changes during a couple of years.
As I already mentioned it, I think that the most important thing we can get from the current Chinese power it's that we have another great supplier of goods we can have exchange with.

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