China Could Double GDP in Next Decade

Some China economic watchers are projecting China's economy to reach $7.5 trillion over the next decade, which would effectively double the size of the middle kingdom in that short period of time.

If this estimate is accurate, China's growth would be larger in GDP than the United States, combined with China's three BRIC counterparts.

There can be no doubt that China will be the economic story of the 21st century, and even with their measures to slow down their urban property markets, they will still grow at a solid pace, one that is much more healthy than it was before.

Now what is waited for is for China to successfully navigate from being primarily an export economy to one balanced with domestic growth and demand as well.

Assuming they do it correctly, they will be poised to extraordinary growth in the years ahead, which will continue to dominate the global economic growth other countries are increasingly relying on.