It's very hard for China's exports to fall any time soon.
It would depend on the UK's GDP (last year). Number one the nominal GDP growth and number two the exchange rate of the British pound against the U.S. dollar.
It could be number four it could be number five but it's almost the same as the UK's economic size.
China needs to promote domestic demand to gradually change its development strategy that is currently orientated towards exports.
Investment in China is actually accelerating.
China will overtake Germany by 2008.
China has now entered the era where it will gradually have to lets its currency appreciate, unless China is able to make a substantial change to its capital account.
China's trade surplus will remain a sticking point between China and the U.S.. It's hard to close the trade gap because there's very little China can buy from abroad that it doesn't already make.
It will definitely go past France, so for sure China is going to be the number five economy in the world.
For sure by 2006 China will become number four and by 2010 it will be more than Germany.
This is the first signal that the central bank is trying to tighten monetary policy.
A 10 percent growth rate is inevitable, It's just like the growing process of a baby. Its necessary.