China's+Economic+Rise


 * Kelly Cordes**
 * Riaz Gillani**


 * Thesis**: For the past ten years, China's economy has been going through an amazing growth spurt, and soon will become the world's most dominant economic nation.

2002-9.1% 2003-10% 2004-10.01 2005-11.3% 2006-12.7% 2007-14.2% 2008-9.6% 2009-9.2%;20 million migrant workers may have lost their jobs due to China's economic crisis. 2010-10.3% 2011-9.5%; In July China overtook Japan as world's second-biggest economy 2012-9%
 * Time Line:** Domestic price change rate

In the article China Passes Japan as Second-Largest Economy, it also mentions how after three decades of Japan having the second largest second economy in the world, China comes along to claim it for their own. And although China's economy is one third the size of America's it passed them too. According to David Barboza,the author of this article, China's economy still continues to grow today. But, recently, the GDP rate has been slowing down this quarter, and China has been a symptom of overhype. The reason of its downfall is that the USA has realized they have to stop importing Chinese goods to relieve their debt, and the income has slowed in China as a result.
 * Summary of current event:**
 * China Passes Japan as Second-Largest Economy**

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1. As of today what number is China in the economy rankings of the world? 2. In what year did China start to rise with its economy? 3. What year did China pass Japan in the economic rankings? 4. What is the reason of China's recent fall in the economy? 5. In what year will China become the number one ranking for economy?
 * Survey Questions:**