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Sicilian Culture: News & Views
China Takes Over From Italy in GDP
Ranking
From
www.italy-news.net
The Bloomberg financial agency reported the world's Gross Domestic Product rankings for the year 2001. Italy, which occupied sixth place the year before, behind the United States, Japan, Germany, France and Great Britian, was surpassed by China, which registered a GDP of $1,200 billion against Italy's $1,100 billion last year. Bloomberg market researchers noted that, in spite of a global economic crisis now going on, China's growth rate had been steadily increasing. The world's most populated country might well rank even higher next year.
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Italian-Americans...
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