China has become a powerful force in world economics and now represents 4% of the world GDP. China's economic growth remained high with a 9.3% GDP growth rate in 2003, 9.5% in 2004 and 9% in 2005. The FMI forecasts 8.2% growth in 2006. The country's outstanding performance can be explained by sustained domestic consumption ...
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Sichuan Earthquake Disaster
On May 12, 2008, an earthquake with a magnitude of 8.0 struck China's Sichuan Province. As of 16 June, 69,170 people have been confirmed dead and more than 17,000 people have been burried...
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