China’s No. 1 GDP in the World = Purchasing Power Parity-World Bank Estimate
[Washington Current Affairs] China’s gross domestic product (GDP) is expected to surpass the United States in 2014 in terms of purchasing power parity (PPP) to become the number one in the world. China’s GDP in 2013 was more than 50% of that of the United States, but considering the World Bank’s PPP estimates and China’s growth prospects, it will become “the world’s largest economy” by the end of the year.
There was a report that.
I went to Shanghai for GW myself, but what surprised me on the bus from the airport to the hotel was the sight of many luxury foreign cars running as a matter of course.
It’s quite common to see luxury foreign cars in Tokyo, but I think you often notice “Oh !?”.
However, in Shanghai, it was a natural sight that luxury foreign cars were running, and the number 3 in Japan was like a normal family car.
Most of the cars with lower ranks were commercial vans and trucks, so I felt that the economy was good.
The city was very lively, but apart from that, I had the impression that the gap between rich and poor was wide.
While many people are riding super-luxury foreign cars as a matter of course, the sight of people living in a house like a barracks hut in the back alley coexisting was a strange feeling.
I think there are various views on the outlook for the Chinese economy, but I had the impression that the current Chinese economy is strong, despite somehow.
No one knows the future, but I hope that Japan will succeed in Abenomics in Japan and achieve a strong economic revival.
By Admin|2014-05-14|2014,News Release|