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China The World’s Leading Trade Nation

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Presentation on theme: "China The World’s Leading Trade Nation"— Presentation transcript:

1 China The World’s Leading Trade Nation
By Deiadra D Swartz Jeppesen Sanderson Inc World Trade Center Denver Metro State University, Denver March 2014

2 Sources This presentation contains general information and unverified statistics from public sources including but not limited to, China World Trade Corporation, CIA World Fact Book, the World Trade Organization, the Economist, EE Times, Stanford Journal of International Relations, World Health Organization,, and others. Disclaimer This presentation is for Educational purposes only . © 2014 Left Brain Right Brain LLC

3 Why China? Emerging and Expanding Markets
China and the World Trade Organization Industry, Culture, and Investment Amazing Facts, Interesting Trends, and Why They Matter

4 Emerging Markets Global transactions
Manufacturer turned designer of technology Tourism Environmental engineering

5 Expanding Markets World’s second largest and fastest growing economy
Manufacturing Huge domestic market of middle class consumers, increasing disposable income Steel and shipbuilding Economic growth = 10% annually

6 China’s Membership Member of the World Trade Organization since 11 December 2001 China World Trade Corporation is a member of the World Trade Center Association and has established World Trade Center Clubs in major cities

7 Culture: Part I Cheap labor compared to US and Europe, and different standard of living 75% of Chinese report environmental problems as threat to China’s security, over health and economy Transformation in the areas of military modernization, economic growth, urbanization, and political influence

8 Culture: Part II Mandarin is the most widely spoken language in the world with 850 million native speakers Diverse ethnic backgrounds with 9 out of 10 citizens categorized as Han Chinese Approximately 10 million speak English

9 Culture: Part III Invented kites 3000 years ago and soccer (football) over 2000 years ago Invented noodles 4000 years ago Invented porcelain, ice cream, toilet paper, tea drinking, gunpowder, paper- making, crossbow, martial arts, hot air ballooning, and the compass Invented the first seismometer

10 Industry & Investment Technology development and services intend to augment manufacturing Policies favor multinational strategic partners and overseas investment India competes for the same foreign investment

11 Facts & Trends: Energy World’s biggest energy consumer, projected to increase demand by 75% by 2035 Top consumer and producer of coal which is 70% of its energy supply Three Gorges Dam is 5 times larger and generates 20 times more power than Hoover Dam

12 Facts & Trends: Environment
Leader in wind power World’s biggest producer of carbon dioxide and largest investor in low carbon energy Home to 20 of the 30 most polluted cities and is leading the clean economy race 50% of land is arid or semi-arid and agricultural output is decreasing World's leading renewable energy producer

13 Facts & Trends: Consider This
35 Million people live in caves Traffic jam “stand-ins”: motorbike will take you while another driver takes your car to your destination World’s largest shopping malls: South China Mall in Dongguan, and Golden Resources Mall in Beijing

14 Facts & Trends: Consumption
World’s largest consumer and producer of pork and rice Macau produces the world’s most gambling revenue World’s biggest beer market, and 6th largest wine production

15 Facts & Trends: Production
Largest producer and importer of cotton Largest producer of steel Produces 95% of the world’s rare earth minerals Produces half of the world’s flat glass and cement Largest producer of gold

16 Facts & Trends: Economy
Between 2000 & 2007, exports increased 490% and imports increased 425% Since 1978, economy has doubled in size every eight years Economic output grew 9.6% per year between 1978 and 2005 Owns 25% of US Treasury Bonds and is the largest creditor in the world

17 Facts & Trends: Trade & Investment
Second largest recipient of Foreign Direct Investment World’s top exporter, with 20% going to the United States Six of the world’s largest container ports are in China

18 Facts & Trends: Goods Some of the highest software piracy rates in the world Second largest market for computer hardware and eighth in software sales 90% of DVDs sold in China are illegal copies 79% of counterfeit and pirated goods seized by US Customs are of Chinese origin

19 Facts & Trends: Entrepreneurs
98% of banking assets are state- owned Between 2000 and 2009, private business enterprises grew by more than 30% per year Private firms account for approx. 75% of profit in industry and 90% of profit in financial services

20 Facts & Trends: Manufacturing
According to National Geographic (2008): 70% of the world’s umbrellas are made in China 60% of the world’s buttons are made in China 9% of Chinese goods sent to the U.S. end up on Wal-Mart’s shelves 72% of U.S. shoes were made in China 85% of all U.S. artificial Christmas lights are made in China 50% of U.S. kitchen appliances are made in China 50% of U.S. toys are made in China

21 Facts & Trends: Workforce
Largest manufacturing workforce in the world with 112 million workers Average manufacturing worker makes 81 cents per hour World’s largest construction market

22 Facts & Trends: Transportation
World’s fastest bullet train (250 kmph or 155 mph) Between 2006 and 2016, 97 new airports will be opened Second largest airliner market World’s largest car producer and consumer Highest road death rates in the world

23 Facts & Trends: Technology
Greatest number of mobile phone users with 850 million active accounts (2011) World’s fastest supercomputer terabytes Largest computer market and largest exporter of electronics World’s largest internet population at 450 million (2010), and more than half use internet cafés

24 Facts & Trends: Wealth Second in number of billionaires
11 of the top 20 richest self- made women are Chinese, including the top 3

25 Facts & Trends: Women’s Rights
Parliament is 21% women, more than US Congress 8 out of 10 companies (80%) have women senior managers, compared to 20% in the US

26 Facts & Trends: Tourism
Largest source of outbound tourists (2012) World’s third leading travel destination Chinese tourists in the US spend more than visitors from any other country

27 Significance China is the most significant and fastest growing economy in the world. Strategic alliance and further trade cooperation with China will be mutually beneficial. China can serve as the foundation for a successful career in international business.

28 Thank You Deiadra D Swartz World Trade Center Denver

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