China points out: second-largest economy but not second largest economic power

Wednesday, August 18th 2010 - 04:28 UTC

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This week’s news that China had overtaken Japan to become the world's second-largest economy in the second quarter of this year made headlines around the world. The economic milestone was seen as a telling confirmation of the shifting balance of economic power in Asia, and as a culmination of China's stunning three-decade economic resurgence. Read full article

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JoseAngeldeMonterrey
China´s rise as superpower and economic giant is bizarre, to say the least. It is now the second largest economy in the world and it holds world status next to US, England, France, Japan, etc.

Yet its people do not share that status, their salaries rank as one of the lowest in the world, their workers lack social security, pension funds, retirement plans, the most basic labor rights, and the list of lacks and have nots of their people is long.
Aug 18th, 2010 - 05:00 am - Link - Report abuse 0
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Forgetit87
A larger population equals a greater power. That's why some developing countries - India and Brazil for instance - can afford a greater influence than Denmark or Sweden.
Aug 18th, 2010 - 10:21 am - Link - Report abuse 0
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