Ben Bernanke Quotes

China became an economic power with few equals. By 2010 China gad overtaken Japan as the world’s second largest economy in terms of GDP, China’s transformation consistently drew one ideas beyond it shores.

We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.

In the space of a decade, China and India have emerged as dramatic, dynamic competitors.

So in terms of the global economic footprint, let's just say China within the next decade and a bit is likely to emerge as the world's largest economy. Obviously its foreign policy and security policy footprint increases and that creates both challenges and opportunities for us all.

For the first time since the 15th century, China is becoming a major economic power.

The speed, scale and reach of China’s rise are without precedent in modern history. Within just 30 years, China’s economy has gone from smaller than the Netherlands to larger than those of all other countries except the United States.

China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.

The major economies are not American anymore. They are Asian and South American.

I don't think we should always look at the Chinese like they're taking jobs. They are also bring us more and more jobs. Because, they are the biggest growing consumer. I think what is going on in China is exciting.

Europe will be the most important economic power in the world.

China is a much richer country than any part of Europe.

Our country has the potential not just to be the giant of Africa but a major economic giant in the world.

The world economy is growing so fast.

There is no denying the fact that China has been able to convert its economic might into commercial and technological capability.

China and Germany are important geo-economic powers that have been able to bolster their geo-political and even military power, thanks to the opportunity provided by their geo-economic rise.

I have read more about Oprah Winfrey’s ass than I have about the rise of China as an economic superpower. I fear this is no exaggeration. Perhaps China is rising as an economic superpower because its women aren’t spending all their time reading about Oprah Winfrey’s ass.

Many people in the world believe that in the 21st century, the Asia-Pacific - Asia in particular - will play a more important role in global economy and politics and that Asia will become an important engine for the world economy.

Our expectation is that by 2050, which is a long time away, India will be the largest economy in the world, overtaking both the U.S. and China.

The United States is going to be a rich country, it is going to be prosperous, but it is not going to be able to take the lead in the next phase of global economic development.

Especially in the West, people want to understand Asia on a deeper level because it's become the engine of the world economy, like it or not.

And so in terms of territorial control, in terms of economic preeminence, the western share of the gross world product is declining as Asian societies in particular develop economically.

It is fair to say that Africa has become a major force in moving the world towards multi-polarity, an important emerging market that helps promote global economic recovery and integration, and an outstanding representative of diverse civilizations in the world.

A lot of people, including business leaders, think the future belongs to China. Globalization is not a zero-sum game, but we need to hone our skills to stay in play.

China should be another United States from an economic standpoint. Beijing should be another Silicon Valley.

We can pretend that China is not there. But China is there, and unless we put our economy on the right track, it is going to overwhelm us completely.