China has taken huge steps in its economy. Duh!?
China is now the third largest trading nation in the world with $2.17 trillion in imports and exports. That's a 'T.'
1. In the past five years, China's economy grew 65.5% - 10.6% per year. China now has the world's fourth largest economy.
2. China's GDP reached $3.425 trillion last year. Another 'T.'
3. Government revenue reached $712 billion - up 171% in five years.
4. Forex reserves topped $1.52 trillion - yeah, another 'T.'
5. Grain output rose four years in a row because an old agricultural tax was scrapped.
China, like the energy bunny just keep on going, going...um, growing, growing.
