Eastern Countries Outperformed In The Business Cycle 2000-2007

I found some interesting data from Business Week 3/31/08 issue.

For the share growth of global economy, here are the leaders in the past business cycle (2000-2007):

	2000	2007	% Point Change
China	7.2	10.9	3.7
India	3.7	4.6	0.9
Russia	2.7	3.2	0.5
Iran	1.0	1.2	0.2
Ukraine	0.4	0.5	0.1
Indonesia	1.2	1.3	0.1
Korea	1.8	1.9	0.1
Kazakhstan	0.2	0.3	0.1

Countries that have shares decreased in the cycle:

	2000	2007	% Point Change
Brazil	3.0	2.8	-0.2
Netherlands	1.1	1.0	-0.1
Canada	2.1	2.0	-0.1
Mexico	2.3	2.1	-0.2
Britain	3.6	3.3	-0.3
France	3.7	3.2	-0.5
Italy	3.4	2.8	-0.6
Germany	5.2	4.4	-0.8
Japan	7.7	6.6	-1.1
U.S.	23.7	21.4	-2.3

China's share was one third of the U.S. seven years ago; now more than half. What does that mean? Watch out!