Chinese think-tank forecasts BRIC countries to overtake the US economy by 2015

Friday, April 8th 2011 - 22:41 UTC

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BRIC countries (Brazil, Russia, India and China) are expected to contribute one-third of the world's GDP increase in 2015, by which time their total economy will surpass United States, according to a leading Chinese think tank. Read full article

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xbarilox
Hot place, I would like to go there swimming and show the chinese girls the poronga fish. I'm sure they'd love it.
Apr 08th, 2011 - 11:17 pm - Link - Report abuse 0
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Zethee
Looks very nice in the picture.

One thing i noticed; Social-Economic Development (2011) predicts that in 15 years BRIC nations will over take the US...By 2015?

I think china could definitely take over the US within a few years.
Apr 09th, 2011 - 11:13 am - Link - Report abuse 0
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Fido Dido
2011 - 2015..that is in a few years.
The elites have spoken, China will overtake the US.
Apr 09th, 2011 - 05:06 pm - Link - Report abuse 0
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Zethee
Aye i get that and agree. I think it might just be a translation error. Just that it said in 15 years by 2015 china will take over, from a 2011 report.
Apr 09th, 2011 - 05:38 pm - Link - Report abuse 0
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GeoffWard
1750: China (largest economy) followed by India and France.

1775: China, then India, then France.

1800: China, India and France.

1825: China, India and France.

1850: China, followed by the UK and India.

1875: China, USA, UK and India.

1900: USA, China, UK, Germany and then India.

1925: USA, followed by the UK, China, France, Germany, India and the USSR.

1950: USA followed by the USSR, UK, China, France, Germany and India.

1975: USA followed by the USSR, Japan and Germany.

2000: USA followed by Japan, Germany and China.

So, if the only measure is GDP, Big Is Beautiful.
But BRICS should remember they are not an entity, they are not even a trading bloc. All they have in common is that they were under-developed and are now becoming more developed. But, even within any BRICS country, the rich get richer and there are always the poor.
Apr 09th, 2011 - 09:19 pm - Link - Report abuse 0
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