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CHINESE CENTURY
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 1410180 [Title] => ’China surpasses US GDP, is now no. 1 in world economy’ [Summary] =>As we commence 2015, China’s GDP (gross domestic product), the measure of an economy’s total output in equivalent purchasing power, was valued at $17.6 trillion, surpassing that of the United States, which was at $17.4 trillion. These are very large numbers. (Philippine GDP is below $1 trillion, around $700 billion).
[DatePublished] => 2015-01-07 00:00:00 [ColumnID] => 133940 [Focus] => 0 [AuthorID] => 1336383 [AuthorName] => Gerardo P. Sicat [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 263845 [Title] => Center of gravity [Summary] => China may not be the center of the world. Its emperors, centuries ago, thought that to be the case.
But by its sheer mass and the swiftness of its recent economic expansion, China has become the economic center of gravity for East Asia.
This new century might well be The Chinese Century.
China has sucked into its economy the major part of all foreign investments in East Asia ever since, following Deng Xiao Pings wisdom, the country opened up to capitalism. It has maintained stupendous growth rates, guided by shrewd economic leadership.
[DatePublished] => 2004-09-07 00:00:00 [ColumnID] => 134157 [Focus] => 0 [AuthorID] => 1804783 [AuthorName] => Alex Magno [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) ) )
abtest
By Gerardo P. Sicat | January 7, 2015 - 12:00am
By FIRST PERSON | By Alex Magno | September 7, 2004 - 12:00am
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