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China has become the second largest economy in the world
No wonder so many people in China are born! They surpassed even Japan is on economic indicators.
Watch as they develop!
According to the beginning of August 2010, China overtook Japan to become the second largest economy in the world. August 4, Chinese media reported that this year the volume of production and sales of cars in China will exceed 15 million units. In 2009, there were sold more than 13, 64 million. Machines, making China the world's largest car market. Also, the government has supported the precious metals market, by permitting more commercial banks to import and export gold, because increased demand on the stock exchanges. Tourism in China this year on the decline due to the financial crisis, but still, the prospects for the future rather rosy, because the middle class in the country is growing and developing.
Slingers work at a metallurgical plant in Huaybee, Anhui Province. In July of this year, production in China for the first time in 16 months began to decline, as shown by independent research on the 2nd of August. Now the Chinese shareholders hope that the policy will not introduce any new restrictions. AFP / Getty Images
Chinese workers sat down to rest on the construction of road junction in Beijing. (AP Photo / Ng Han Guan)
Chinese resting near the road junction under construction in Beijing. (AP Photo / Ng Han Guan)
Chinese migrant workers comes against the backdrop of a temporary fence with the word "luxury" surrounding the construction of prestigious residential and business district in Beijing. (AP Photo / Ng Han Guan)
A Chinese worker sends sms sitting by a temporary fence with a picture of the panorama of Beijing. (AP Photo / Ng Han Guan)
Traffic jam on the road in Shanghai, August 3, 2010 Last year, China overtook the US as the world's largest car market, but in recent months the pace of sales declined slightly. PHILIPPE LOPEZ / AFP / Getty Images
July 28, 2010 Rush hour on the bridge over the river Jialing Huanhuayuan in Chongqing in the southwestern part of the country. OLLI GEIBEL / AFP / Getty Images
Woman goes on wasteland in Beijing, surrounded by high voltage transmission towers. (AP Photo / Alexander F. Yuan)
Long waits in front of cargo containers in the port of Tianjin, August 5. (AP Photo / Andy Wong)
Saleswoman visitors waiting in Beijing jewelry store August 4, 2010 The Chinese government loosen the nut on the national market of gold, by permitting more banks to import and export the precious metals, as the rising price of bullion and the instability of the stock markets stimulate demand. Franko Lee / AFP / Getty Images
Chinese bank employee said pack 100 yuanevyh banknotes (100 yuan = 14.75 USD) in the bank in Huaybey, Anhui Province. According to the vice-manager of China National Bank in an interview on August 2, the daily trading band for the yuan is currently sufficient, but in the future can be extended. STR / AFP / Getty Images
Girl busy with her phone, passing by advertising bank in Shanghai, July 27. About a quarter of the total number of 7, 66 trillion yuan (1, 1 trillion) held by Chinese banks to government agencies in the field, is under "serious risk of default" as the report says. PHILIPPE LOPEZ / AFP / Getty Images
July 18, 2010 Tourists are going to cross the river in Chongqing Jialing on the cable car. Tourism in China this year on the decline due to the financial crisis, but still, the prospects for the future rather rosy, because the middle class in the country is growing and developing.
Passers-by walk past a giant advertising fashion near the shopping center in Beijing, August 2, 2010. LIU JIN / AFP / Getty Images
Customers visiting the latest models of Ford cars on the fair in Beijing. (AP Photo / Ng Han Guan)
Chinese children playing with toy cars at the fair in Beijing, July 29. According to a senior official of the Chinese National Bank, China's economy surpassed Japan and ranked second in the world. AFP / AFP / Getty Images
Buyers gathered at the expo in Beijing, August 2. According to statements in the official media, in the second half of this year will carry out inspections of Chinese banks to monitor compliance, to this year laws regarding home loans. STR / AFP / Getty Images
Couple of tourists snapping photos in the old part of the city of Chongqing. AFP / Getty Images
Watch as they develop!
According to the beginning of August 2010, China overtook Japan to become the second largest economy in the world. August 4, Chinese media reported that this year the volume of production and sales of cars in China will exceed 15 million units. In 2009, there were sold more than 13, 64 million. Machines, making China the world's largest car market. Also, the government has supported the precious metals market, by permitting more commercial banks to import and export gold, because increased demand on the stock exchanges. Tourism in China this year on the decline due to the financial crisis, but still, the prospects for the future rather rosy, because the middle class in the country is growing and developing.
Slingers work at a metallurgical plant in Huaybee, Anhui Province. In July of this year, production in China for the first time in 16 months began to decline, as shown by independent research on the 2nd of August. Now the Chinese shareholders hope that the policy will not introduce any new restrictions. AFP / Getty Images
Chinese workers sat down to rest on the construction of road junction in Beijing. (AP Photo / Ng Han Guan)
Chinese resting near the road junction under construction in Beijing. (AP Photo / Ng Han Guan)
Chinese migrant workers comes against the backdrop of a temporary fence with the word "luxury" surrounding the construction of prestigious residential and business district in Beijing. (AP Photo / Ng Han Guan)
A Chinese worker sends sms sitting by a temporary fence with a picture of the panorama of Beijing. (AP Photo / Ng Han Guan)
Traffic jam on the road in Shanghai, August 3, 2010 Last year, China overtook the US as the world's largest car market, but in recent months the pace of sales declined slightly. PHILIPPE LOPEZ / AFP / Getty Images
July 28, 2010 Rush hour on the bridge over the river Jialing Huanhuayuan in Chongqing in the southwestern part of the country. OLLI GEIBEL / AFP / Getty Images
Woman goes on wasteland in Beijing, surrounded by high voltage transmission towers. (AP Photo / Alexander F. Yuan)
Long waits in front of cargo containers in the port of Tianjin, August 5. (AP Photo / Andy Wong)
Saleswoman visitors waiting in Beijing jewelry store August 4, 2010 The Chinese government loosen the nut on the national market of gold, by permitting more banks to import and export the precious metals, as the rising price of bullion and the instability of the stock markets stimulate demand. Franko Lee / AFP / Getty Images
Chinese bank employee said pack 100 yuanevyh banknotes (100 yuan = 14.75 USD) in the bank in Huaybey, Anhui Province. According to the vice-manager of China National Bank in an interview on August 2, the daily trading band for the yuan is currently sufficient, but in the future can be extended. STR / AFP / Getty Images
Girl busy with her phone, passing by advertising bank in Shanghai, July 27. About a quarter of the total number of 7, 66 trillion yuan (1, 1 trillion) held by Chinese banks to government agencies in the field, is under "serious risk of default" as the report says. PHILIPPE LOPEZ / AFP / Getty Images
July 18, 2010 Tourists are going to cross the river in Chongqing Jialing on the cable car. Tourism in China this year on the decline due to the financial crisis, but still, the prospects for the future rather rosy, because the middle class in the country is growing and developing.
Passers-by walk past a giant advertising fashion near the shopping center in Beijing, August 2, 2010. LIU JIN / AFP / Getty Images
Customers visiting the latest models of Ford cars on the fair in Beijing. (AP Photo / Ng Han Guan)
Chinese children playing with toy cars at the fair in Beijing, July 29. According to a senior official of the Chinese National Bank, China's economy surpassed Japan and ranked second in the world. AFP / AFP / Getty Images
Buyers gathered at the expo in Beijing, August 2. According to statements in the official media, in the second half of this year will carry out inspections of Chinese banks to monitor compliance, to this year laws regarding home loans. STR / AFP / Getty Images
Couple of tourists snapping photos in the old part of the city of Chongqing. AFP / Getty Images
