China attracts a lot of attention nowadays. According to our latest forecast, China's gross domestic product will top 1 trillion U.S. dollars in 2000, making it the seventh largest economy in the world. As China grows stronger, its people are enjoying an unprecedented prosperity. Once prevalent food coupons have long disappeared.
More housing is built.
Highways are beginning to crisscross the country as more cars are produced and imported. Demand for foreign luxury items has increased. When China joins the WTO, a process accelerated by the recent passage of PNTR by the U.S. Congress, China will integrate into the world even faster. A strong and more prosperous China serves not only the welfare of its 1.25 billion people but also peace, stability and prosperity in Asia-Pacific and the world at large. More and more Americans have come to realize this.