GDP of China,Japan,Australia exceeds ...

GDP of China,Japan,Australia exceeds GDP of USA!

Posted in the Australia Forum

HighChair

Australia

#1 Feb 1, 2013
The latest 2012 nominal GDP figures from the IMF shows that China is catching the USA GDP!

China-8.25trillion + Japan-5.98 + Australia-1.54=USD$15.77trilli on (approx)

USA=USD$15.65trillion (approx)
HighChair

Australia

#2 Feb 1, 2013
Midas

Australia

#3 Feb 1, 2013
Yep, but Chinese economy is slowing hell lot of companies are moving from China to cheaper destinations like Philippines, Viet-Nam, Bangladesh etc. And Australian GDP can be only grouped with western economies, Asian economies don't want to include Australia in the Asian trading bloc due to racism.

Japan, China,India, Indonesia, Singapore, Hong-Kong, Malaysia, Taiwan, Philippines, Korea, UAE etc can be grouped as Asian trading bloc and exceeds GDP of many western nations in GDP, purchsing power parity.

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