UNO UPDATE: New World Order News Digest

Chinese dragon wide awake and on the go
"LET China sleep, for when she wakes, she will shake the world," Napoleon reportedly said. Today, China has woken and has started shaking the world and is sending waves around the globe. It is set to become the world’s third-largest economy, overtaking Germany, after the US and Japan.

Few countries have been able to match the pace of China’s sustained economic growth. On average, it has registered close to 10 per cent gross domestic product growth since 1978. In the second quarter of this year, its 11.9 per cent growth was the strongest in a decade. With exports in excess of US$1 trillion (RM3.4 trillion), it surpassed the US as the world’s second-largest exporter in the middle of last year. Its foreign reserves at US$1.3 trillion are the world’s largest. Its corporations are making moves into foreign markets. Chinese products are available in stores and supermarkets around the world. While in recent weeks the "Made in China" label has had adverse publicity with reports of contaminated products, the appetite for Chinese goods continues unabated.
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