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China's Rising Economic, and Political, Power

By Joseph SchumanDec 25th 2009 – 4:40PM
Getty Images

Getty Images

(Dec. 25) -- China's economy grew last year, as the U.S. and other major financial players faltered. It now turns out China produced even more goods and services than previously thought, highlighting the relentless expansion of its financial prowess that's could also bolster China's political power in the year to...

Background on GNP

Gross National Product (GNP) is the market value of all products and services produced in one year by labour and property supplied by the residents of a country.

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