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BIZCHINA / Weekly Roundup

China, India restart border trade
(China Daily)
Updated: 2006-07-10 14:05

Economic ranking

China has squeaked past Great Britain by a tiny margin to become the world's fourth largest economy, according to the World Bank's latest calculations.

The World Bank said last week that its official calculations suggest China's national output reached US$2.263825 trillion in 2005, just US$94 million  or 0.004 per cent  more than Britain.

China overtook Britain last year, based on the conversion of the gross domestic product of both countries into US dollars at current exchange rates.


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