China's tiger economy leads to world hot debate growth 9% consensus

"Can the Chinese miracle continue?" according to Global Times, published January 5. "The Financial Times January 4 put this topic on the site's most prominent position, the choice of this topic is the world media at the beginning of a fashion, but the answer is a matter of opinions." The upbeat voice says the Chinese economy will "unstoppable" in the next 12 months, and in a pessimistic voice, those who preach "China's collapse" are still sticking to their views, albeit by a handful.　　The upper hand is the optimists, from the International Monetary Fund to some of the world's leading international economic media, many people to China this year's economic growth estimate of 9%, is the highest in the big country. On the first day of 2010, the Times summed up a hot view of the newspaper's global correspondent for the next 12 months, and China was listed first. China will overtake Japan as the world's second-largest economy in 2010, and China will show off its economic power through the 6-month-long Shanghai Expo, another opportunity to show the world its achievements and progress towards superpower after the 2008 Olympics, the article wrote.　　The Independent newspaper said 2nd that "China will continue its unstoppable economic offensive" in 2010 on the grounds that China 1st launched the world's largest free-trade zone with the six ASEAN countries, covering 2 billion people. "$123,000,000,000,000". The U.S. "Foreign Policy" 4th feature article used such a string of dizzying numbers as a topic. The figure, 123 trillion dollars, is the author's speculation about the size of China's economy in 2040, which is about 40% of global GDP, far exceeding the US (14%). Author Vogel was awarded the Nobel Prize in Economics, and his conclusion is based on PPP data.　　Vogel also predicted that in 2040 China's per capita income would reach $85,000 trillion, though still less than that of the US but would overtake Japan. There are also extremely pessimistic views. Zhang, an American scholar, wrote in 2001 "China is about to collapse", in which he predicts "China's collapse in 10 years". He continues to advertise his views on Forbes News online, saying the Chinese economy is likely to have problems by the end of 2010, and demonstrations will take place nationwide.