Emerging China

GeographyGeography 9,573,000 square km Beijing Shanghai Xian Lhasa Urumqi Guangzhou Kunming

PopulationPopulation population: 1,360,500,000 density: 365per square mile

ReligionReligion Secular 60% Chinese 31% Christian 4% Animist 2.5% Muslim 2.5%

HistoryHistory Ancient civilisation BC: Unification of China 1800s: Western imperialism 1911: Republic founded : Chairman Mao : Cultural Revolution 1997: Deng Xiaoping dies 1997: Hong Kong returned to China 1999: Macau returned to China

Economic Stats 1.36 billion – population. 1/6 of the world’s population. 791 million workers Enormous source of labor, affordable labor (1/20 of wages paid in western world). Cost-effective production of goods and services. Enormous consumer market with even more enormous potential.

Economic Stats $8.23 trillion – Size of Economy (GDP). Second (2nd) largest economy in the world (US-1 st, Japan-3 rd & Germany-4 th ). Enormous purchasing power. Amazingly, hardly a reflection of China’s economic potential. Debatably, will be the largest economy by Enormous production capacity. $2.021 billion – exports.

Economic Stats 7.8% - growth of economy. One of faster growth rates in the world. Levels sustained for more than a decade. Gov’t has tried to cool off the economy. Levels projected to Fueled by enormous Inward Foreign Direct Investment (FDI), close to $200 billion. Spells enormous economic opportunity and potential for prosperity in China where domestic savings deposits now over $1 trillion.

Economic Stats $9,162 – per capita income. Low by developed world standards but much elevated from a 20 years ago ($370). Imagine what China’s economy will be when per capita income reaches $40,000 (that of US). Enormous consumer market potential. $1.78 trillion – imports.

China in Transition Following centuries of impressive developments as a major civilization in the world, China experience significant social, economic and political decline in the 18th and 19th centuries.

China in Transition Today China is re-emerging as a major player on the world’s economic scene due to a more liberal, open-market economic policy embraced in the late 1970’s. Many predictions suggest that if present developments continue, China will be “the” economic power in the world within twenty years.

China Discovered More than 400 out of Fortune 500 companies invested in over 2,000 projects in China. GM, Intel, IBM, Walmart, Microsoft, Perry Ellis, Boeing, etc., etc., etc.

China’s Problems 18 percent of world’s poor 150 million Chinese live on less than $1 per day Only 80 million Chinese are considered ”middle class” by U.S. standards