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Wednesday, January 24, 2007

China = CA + TX

NY Times: China’s economy grew 10.7% in 2006, closing in on Germany as the world’s third largest, fueled by investment in manufacturing and a boom in exports. GDP expanded to $2.69 trillion after growing 10.4 percent in 2005. China’s economy expanded at more than twice the global average.

Despite that phenomenal growth, China's economy with 1.3 billion people is still only about the combined size of just two U.S. states: Califoriana ($1.67 billion, 33 million pepole) and Texas ($1.1 billion, 20 million people), with only 53 million people.

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