Thanks to the crisis of the American economy, China is about to surpass the U.S.A. becoming the world leader in the production of manufactured items. According to Global Insight, this will happen next year so 48 months before the expected time.
China will produce the 17% of the total global manufactured products compared to the American 16%. Until last year, America was still the leader in this domain followed by the Chinese industries and Global Insight had predicted that China would surpass the States only after the 2013: but the American economical crisis has provoked a decrease in the industrial national production preparing the ground for this memorable overtaking that is going to come true very soon.
Even if during the last twenty years manifacturing industries have played a crucial role in the Chinese economy, it is not the first time that this Country is at the top of the industrial world. It had, in fact, already been so powerful for 1.800 years until 1840, when the Chinese manifacturing supremacy was overreached by the UK thanks to the English industrial revolution.
China will produce the 17% of the total global manufactured products compared to the American 16%. Until last year, America was still the leader in this domain followed by the Chinese industries and Global Insight had predicted that China would surpass the States only after the 2013: but the American economical crisis has provoked a decrease in the industrial national production preparing the ground for this memorable overtaking that is going to come true very soon.
Even if during the last twenty years manifacturing industries have played a crucial role in the Chinese economy, it is not the first time that this Country is at the top of the industrial world. It had, in fact, already been so powerful for 1.800 years until 1840, when the Chinese manifacturing supremacy was overreached by the UK thanks to the English industrial revolution.
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