China will be the world’s largest economy in 20 years.

China will be the world’s largest economy in 20 years.

China has an advantage to surpass The U.S., EU, and India to control natural resources

The Chinese foreign reserves rose by $199 billion in the fourth quarter, to $2.85 trillion. The increase was much larger than economists expected.

China had about doubled its intervention in currency markets to about $2 billion a day.

With the reserves of $2.85 trillion China has an advantage to invest largely in energy, metals, and other natural resources.

China has increased control and access to oil, natural gas, minerals, all other commodities, and raw materials worldwide.

China has exploited the economic crisis in Africa, Latin America, Russia, U.S., Middle East, Iran, Afghanistan, and Europe to control natural wealth .

China has expanded its access to world’s markets by way of state companies backed by guaranteed capital by Chinese Government .

China’s actions has left The U.S, European and Indian companies far behind to compete.

Chinese power has increased considerably in economy, military, geopolitical, trade and financial affairs. China is indeed one of the world’s greatest power.

China’s economic growth accelerated to 10 percent in 2010. China’s energy consumption surpassed the US by 0.4% at 2.252 billion tons of oil equivalent .

China bought record volumes of oil, natural gas, coal, copper, aluminum, gold, ferrochrome, chrome ore and iron ore this year.

The world’s fastest-growing major economy consumes more than a third of the world’s aluminum output, a quarter of its copper production, a tenth of its oil and accounts for more than half of the trading in iron ore.

China is the world’s largest producer of steel and world’s larges consumer of copper, iron ore, aluminum, ferrochrome, chrome ore and nickel.