Tagged: china

China unseats Japan as world’s second largest economy

While still one of the poorest per capita nations. How is this possible?

It took three decades of Deng Xiaoping’s political reform for People’s Republic of China to become world’s second largest economy. Definitely a remarkable achievement. Although I think the Chinese can do better (when I say Chinese here, I mean Chinese nationals, expats do not count).

By comparison the GDP per capita in China is $3,600. Japan, who China recently surpassed on IMF’s GDP rankings, the former number two, has a GDP per capita of $37,800. The United States (the undisputed number one) has a GDP per capita of $42,420 (according to Associated Press).

China: you’re not really rich, until all of your citizens are rich. I think that should be your collective aim for the future.

Associated Press

Wikipedia’s List of countries by GDP (nominal) per capita 2009 (a little out of date, but you get the idea)

China passes Germany in economic rankings

China is now number 3 in the national overall nominal GDP rankings in the world. This doesn’t account for EU as a single entity and does not account for adjustments. The figure is reported due to the Chinese government’s revised growth figures. Traditionally Hong Kong’s figures are not included so I don’t think it is this time.

Still ranked far worse than everyone else in the per capita rankings.

cnn.com

China takes gold in Advanced Overclocking Championship

This shows China isn’t just good at the Olympic games. They’re also very good overclockers. This competition held in Hong Kong had 20 countries participating and China wins after the overall rankings.

If you continue reading the article, most teams benched between 5.4 and 5.6 GHz. That is some serious numbers and must have been done with some crazy voltage. Apparently the French team fried two GTX 280s trying to beat the 3D Mark score. Should have just given one to me.

tomshardware.com