AP: The World Bank Country Director for China David Dollar said China's fixed exchange rate system is "the legitimacy of choice" rather than the manipulation of the RMB exchange rate behavior. David Dollar said that he personally preferred to implement a more flexible Chinese exchange rate system, but it is more difficult to manage them, many developing countries during this transformation occurs when a financial crisis.
World Bank (2006) list Rank Country GDP (millions of USD)
- World 48,244,879
- European Union 14,609,836
1 United States 13,201,819
2 Japan 4,340,133
3 Germany 2,906,681
4 The People's Republic of China 2,668,071
5 United Kingdom 2,345,015
6 France 2,230,721 a
7 Italy 1,844,749
8 Canada 1,251,463
9 Spain 1,223,988
10 Brazil 1,067,962