CHINA COULD OVERTAKE THE UNITED STATES AS WORLD’S TOP MANUFACTURER BY 2011
2point6billion, June 22, 2010
After gaining serious ground in 2009, a recent report says China may supersede the United States as the world’s preeminent manufacturer as early as next year, forcing the United States to relinquish a title its held for over a century.
Analysis undertaken by U.S.-based IHS Global Insight estimated the value of China’s manufacturing sector at US$1.6 trillion for 2009 in real U.S. dollar terms, almost US$1 trillion ahead of Japan in third place with US$795 billion and just US$110 billion behind the United States, whose sector ranked first in the study with a value of US$1.71 trillion.
Mark Killion, managing director at IHS Global Insight, believes it is more than likely that China will surpass the United States by 2011, but didn’t rule out a shift in the rankings this year, saying it would be a “close call.”
(...) [artículo aquí]
2point6billion, June 22, 2010
After gaining serious ground in 2009, a recent report says China may supersede the United States as the world’s preeminent manufacturer as early as next year, forcing the United States to relinquish a title its held for over a century.
Analysis undertaken by U.S.-based IHS Global Insight estimated the value of China’s manufacturing sector at US$1.6 trillion for 2009 in real U.S. dollar terms, almost US$1 trillion ahead of Japan in third place with US$795 billion and just US$110 billion behind the United States, whose sector ranked first in the study with a value of US$1.71 trillion.
Mark Killion, managing director at IHS Global Insight, believes it is more than likely that China will surpass the United States by 2011, but didn’t rule out a shift in the rankings this year, saying it would be a “close call.”
(...) [artículo aquí]
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