1. China vs. USA

2. A short overview Some basic facts about USA & China US trade deficit
Threats and possibilities

3. Hard facts China: 1.3 billion people, every fifth human is chinese
USA: 293 million people

4. Hard facts China: 1662 billion dollar
USA: dollar, seems to be well of -> deficite (money from china)

5. Hard facts
China: 9,5%, since 10 years
USA: 4,2%

6. Hard facts
Ch exports goods & services worth 196,7 billion dollars to the USA, USA exports only have value og 34,7 bn

7. The US trade deficite
Reasons and risks

8. How economy works Germany buys French wine,
Money goes from Germany to France
French Winegrower buys german car,
Money goes to Germany

9. How economy does not work
Money
Money
China gets extremely rich, while USA get poor. USA has to lend chinese US-Dollar to spend it on chinese products. VICIOUS CIRCLE
China buys some waste paper from USA. Value: 20$
China recycled waste to packaging for cell phone, sells it back to US. New Value: 200$

10. Consequences US economy depends on China
Dollar gets weaker as Chinese currency reserves rise
United States themselves become dependent on China
Chinese currency reserves: $710bn
Money = power
High Dollar price (Euro a year ago)

11. Risks China might become new global superpower US economy breaks down
Unemployment rate in USA rises
US citizens have less money (they already have debts)
Live on debts, have to be re-paid someday, breakdown

12. Chances (Why?) Labour in the US is too expensive
Enormous new markets in China
„The Question is not „can you allow yourself to be there“, but „can you allow yourself to not be there“
Markets: Cars, Cell Phones, Transrapid