At a meeting of the G20 in China, Chinese President Hu Jintao says that political stability is a key factor in driving economic growth in China. He says:
China has ample labor resources, large demand in its domestic market, a high savings rate, and social and political stability. All these have been favorable conditions for the relatively high economic growth in China.
Projections are that, by 2020, China will have a GDP of 4 trillion USD (or 3000 USD per capita).
Hat tip to Forbes
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