china economy

Mainland China finally reached the top. Thoughts? Summary of Results and Findings of the 2011 International Comparison Program - The World Bank Since 2011, Chinese economy has grown some 24% while US' just some 7% -this includes 2014 forecasts-, ergo the title.

http://www.npr.org/2011/10/25/141552651/boom-in-shadow-financing-exacts-high-toll-in-china?ft=1&f=1001 And in other news construction of the high speed rail network has been halted due to massive problems. Sounds like things are coming off the rails there.

http://www.reuters.com/article/2011/10/10/us-china-debt-idUSTRE79901L20111010?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29&utm_content=Google+Feedfetcher

http://finance.yahoo.com/news/China-official-dollar-apf-1263355013.html?x=0&sec=topStories&pos=6&asset=&ccode= Never mind that the a falling USD would only impact the price of commodities in China if their currency is pinned to the USD... (edit: to a first approximation, anyway)

SHANGHAI — Some of the world’s biggest corporations are facing intense pressure from China to allow the state-approved union to form in their Chinese plants and offices. But many companies fear admitting the unions will give their Chinese employees the power to slow or disrupt their operations...