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Nov

The World’s Most Powerful People According to Forbes

Written on November 4, 2010 by Ángeles Figueroa-Alcorta in Asia, Foreign Policy, News, Political Economy

There are 6.8 billion people on the planet. Here are the 68 who matter.

Chinese President Hu Jintao made it to the top this year ahead of US President Barack Obama. According to Forbes, Hu Jintao is a “Paramount political leader of more people than anyone else on the planet; exercises near dictatorial control over 1.3 billion people, one-fifth of world’s population. Unlike Western counterparts, Hu can divert rivers, build cities, jail dissidents and censor Internet without meddling from pesky bureaucrats, courts, and refuses to kowtow to U.S. pressure to change its exchange-rate regime. Heads world’s largest army (in size). His handpicked successor, Xi Jinping, set to assume the presidency in 2012.”

China has recently surpassed Japan to become the world’s second-largest economy both in absolute and purchasing power terms. Credible estimates have China poised to overtake U.S. as world’s largest economy in 25 years–although, crucially, not on a per-capita basis. Creditor nation oversees world’s largest reserves at $2.65 trillion–$1.5 trillion of which is in U.S. dollar holdings. 

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As published in www.forbes.com

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