[Rubber Duck]

Originally Posted by touchring

I just came back from a visit to some Chinese cities. Economies of many medium to large Chinese cities are now growing in excess of 15% a year, probably even 20% for cities like Shenzhen.

I think at least 100 million city people can reach Taiwan averages in about 7-8 years.

China should outstrip Japan by 2015 at the current rate.

Yes but when the Yuan is floated it is going to appreciate very rapidly and particularly against the dollar. The growth rates are going to be compounded by a massive hike in the value of the currency.

You could be talking dollar growth rates well in excess of 30%. You don't need to compound those too many times for it to make a huge difference.