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Originally Posted by Samanosuke_04
I think so too, but the problem is, china doesn't have many natural resources to be exploited, unlike other like Russia. So, I think this explain why the figures of china is on the third place..
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Natural resources matters but not to that extent,china buys iron ore from countries like India and then it process to higher degree of steel which it partly uses for consumption and sells the rest.If you see once booming economy like japan you can learn a lot ,it is a country with no natural resource but sheer determination had made it the second largest economy.
The growth rate refers to the healthy economic environment and not only its potential.