China continues to build momemtum economically. Sound Money has been conducting their program from China and assembled an economic timeline of this huge country. As China continually makes improvements in the quality of their goods, their low cost labor coupled with this fairly new idea of "quality" will propel them into THE most powerful nation economically.
My dad has recently made a game of always looking at the "made in" tag on any product he buys. He and like to laugh about how our American flags are made in China, but, in reality, it's a bit frightening to see the percentage of goods in America that are produced in China.
Based on Gross Domestic Product, China has now surpassed Great Britain as the 4th largest economy in the world. It is projected that China will surpass the United States as the number one largest economy in the world in the next three decades.
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