Saturday, March 04, 2006

BBC NEWS | Business | China 'to dwarf G7 states by 2050'

BBC NEWS | Business | China 'to dwarf G7 states by 2050': "China's economy is projected to grow so fast that it could outstrip all developed nations by 2050, a report by Pricewaterhouse says.

The Asian giant's economy is set to double in size between 2005 and 2050, according to the report.

As with other developing countries, a key driver for China's rapid growth is its younger, cheaper workforce, it argues.

India, meanwhile, is expected to be the world's fastest-growing economy."

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