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35,472 Posts.
2863
20/03/14
10:23
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ok, 5% growth.
is still +$610b GDP growth. Just 4.5x New Zealand's total annual GDP.
Damn terrible compared to Europe, the US and the rest of us galloping along at 2% and below.
It has be forecast to slow, and naturally it will. There have been periods when China doubled its Total GDP within 5.5yrs
No one seems to understand exponential growth and its limitations.
Whats happening has already been forecast by many. In some 20-30 years, China will be growing at good ol western rates...circa 3%.
But even you can work out 3% of $25+ trillion is bigger than 15% of $2t.
all normal.
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