China surpassed Germany to become the world's third largest economy after it raised its economic growth estimate for 2007 Wednesday.
The revised growth estimate for 2007 - from 11.9 percent to 13 percent, the fastest rate since 1994 - raised the country's GDP to 25.7 trillion yuan, ($3.5 trillion) at 2007 exchange rates, the National Bureau of Statistics said. Germany's 2007 GDP was 2.4 trillion euros ($3.3 trillion) at an exchange rate based on the average rates on the 15th of each month during that year.
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