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Discussion Starter · #1 ·
China's automobile sales is expected to reach 6.8 million to 7 million this year, making up one-tenth of the world's total, analysts said.

The figure will climb to 10 million in the year 2010, and 20 million in 2020, overtaking the United States to become the world's top first-hand automobile market, according to a forecast of the State Information Center. The center predicted that more middle-income Chinese families can afford a car in the coming years thanks to rising income and falling car prices.

Since China joined the World Trade Organization five years ago, Chinese consumers' demand for sedans has been growing on an average of 37.5 % annually, the center said.

This year, the sale of sedans is estimated to hit 4 million, compared with 800,000 units in 2001. China's automobile sales stood at 3.24 million units in 2002, ranking the fourth in the world. The position rose to third in 2004.

China will overtake Japan this year to become the world's second largest automobile seller.

Source: Xinhuanet

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China's auto sales will grow one million cars per year till year 2020 :thumb:
 

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Discussion Starter · #3 ·
renyeo said:
My personal view is that no country will ever displace the United States as the world's no.1 super economy or super power. Not in 30, 50 years or 100. It will not happen.
If China can still keep this economy growth at this level (7-9%) it has been estimated that around year 2035 China will overtake the US economy. India will follow however and they might overtake China in 2050. This is of course just speculation but I'm sure that in the future we'll have a multipolarized world with major powers in the east and west.
 

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renyeo said:
It is vital for civilization that the United States remains the world's undisputed leader in economic and military power. Only a 100% democratic with good human rights nation such as America could be good for the world. I dread about the day when a communist state is leading the world.

Let's pray for the American leaders.
Good human rights nation ? I'm tired of hearing news about violence in Iraq and Afghanistan. China has chosen a pieceful way of dialogue with third-world countries and as a result their trade is growing every year. Developing economy is a stabilizing force in many poor countries.
 
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