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Financial Times (February 5, 2012)

2012/ 02/ 06 by jd in Global News

Times are changing. “In 1969, the US accounted for 36 per cent of global income at market prices…. By 2010, the US accounted for just 23.1 per cent of world income.” In contrast, “China’s economy, meanwhile, was barely an eighth the size of the US’s in 2000. Today it is 41 per cent.”

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