China's nominal growth could exceed 20 percent.

  GDP does not discriminate between real growth and inflationary growth. So even if no new goods and services were produced but the cost of goods went up, that would result in nominal economic growth. I suspect real GDP growth will be around 10 percent. Inflationary growth may add around 5 percent or more. That alone is 15 percent nominal GDP growth. If we assume the Yuan appreciates against the dollar by another 5 percent before this year ends. That would be a total of 20 percent nominal economic growth give or take.