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Latest figures from the World Bank:- based on exchange rates,...

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    Latest figures from the World Bank:

    - based on exchange rates, the US economy is $12 trillion p.a. while China's is $2.24 trillion

    - based on Purchasing Power Parity, China jumps to $5.33 trillion, making it the world's second largest economy

    (PPP looks at the purchasing power of currencies in home currencies and is often used to compare standards of living)

 
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