CHINA BEATS UNITED STATES AS LARGEST AUTO MARKET

China beat out the United States now standing as the largest growing auto market 2009. Ahead for 2010, China is on track to replace Japan as the world's second-largest economy soon. China passed Germany as the third-largest economy and leading exporter worldwide in 2009. China is set to expand adding 350-million new middle class consumers by 2020. Its population the world’s largest now stands at 1.1-Billion people.

China announces that it surpassed Germany as the top exporter worldwide as December exports jumped 17.7 percent for the first significant increase in fourteen months, official data proves another sign of China's imminent rise as a global economic powerhouse. As Warren Buffett just invested billions in Chinese ion lithuim battery manufacturer BYD working in partnership with Coda Motors - eclectric car market.

Boosted by a 4 trillion yuan ($586 billion) stimulus, China's economic expansion accelerated to 8.9 percent for the third quarter of 2009 and the government says full-year growth should be 8.3 percent. Read More...  http://chinaleadsautomarket.blogspot.com/

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Mr. Rickman is a respected analyst, innovative expert in business development and media news services with over 30-years experience, published worldwide. He is also the author of several books including Eight Billion People. Mr. Rickman holds advanced business and technical degrees from Boston University. For more information visit : http://www.sustainablevirtualbiz.com or call (503) 621-4953.