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Aug 05

How do the Chinese really feel about Japan, the new Yomiuri/Xinhua Survey

Written by: bianxiangbianqiao | Filed under:Analysis, culture | Tags:,
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August 15th is drawing close. It is a good time to think about China’s relation with Japan.

Besides, a new survey on this topic was discussed in Yomiuri Shimbun, August 4, 2008.

“Only about one-third of Japanese think the relationship between Japan and China is good in contrast to nearly 70 percent of Chinese who view the relationship positively, according to a survey conducted jointly by The Yomiuri Shimbun and a weekly magazine published by Xinhua News Agency.” Continue reading »

Aug 05

(Letter) How fast China can catch up the US in GDP? It may be faster than you think.

Written by: guest | Filed under:Analysis | Tags:, , , , ,
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In 2002, the GDP of China was 10.2 trillion yuan, and the GDP of the US was 10.6 trillion US dollar. At the year-end exchange rate, China’s GDP was 11.7% of the US’. In 2007, the GDP of China was 24.7 trillion yuan, and the GDP of the US was 14.0 trillion US dollar. At the end-end exchange rate, China’s GDP was 24.0% of the US’.

If we assume the relative paces of the underlining economic numbers remain the same, China will catch up the US in 2019. That’s scenario #1. The key underlining economic numbers are: nominal GDP growth and currency exchange rate. Continue reading »