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A voluntary organisation established on 6th July 1949, BCAS has presently more than 9,000 members from all over the country. BCAS is a principle-centered and learning-oriented organisation promoting quality service and excellence in the profession of Chartered Accountancy.
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September 2010

China is now world’s 2nd largest economy

By Raman Jokhakar
Tarunkumar G. Singhal
Chartered Accountants

Reading Time 1 mins

New Page 1

79 China is now
world’s 2nd largest economy

China has overtaken Japan to become the world’s
second largest economy, the fruit of three decades of rapid growth that has
lifted hundreds of millions of people out of poverty. Depending on how fast its
exchange rate rises, China is on course to overtake the United States and vault
into the No. 1 spot sometime around 2025, according to projections by the World
Bank, Goldman and others.

(Source : The Economic Times, dated 31-7-2010)

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September 2010

China is now world’s 2nd largest economy

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Journal

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September 2010

China is now world’s 2nd largest economy

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