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China
Rank 1st with largest population in world (1,34,3239,923) 3rd largest GDP of the world making it to $11.29 trillion Current Government-CCP (Chinese Communist Party) President-HU Jintao Has the world largest hydropower potential. The natural Resources - Coal, iron ore, petroleum, natural gas mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium. 8/17/12
Chinese new year is the prime festival & is celebrated for 7 days. Chinese were the first to invent printing technology. Chinese hotels have no 4th floor. Wedding in red. Stranger have the same names. Dragons dont spit fire. Chinese dont name names.
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Beijing-Capital & Culture Hub Shanghai- Chinas Economic Powerhouse Guangzhou- Southern hub for industry and business Dalian- Northern Harbor and Hub Chengdu- Economic centre for western China Wuhan- Economic Hotspot in the heart of China
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Challenges faced
Reducing its high domestic savings rate and correspondingly low domestic demand Sustaining adequate job growth for tens of millions of migrants and new entrants to the work force Reducing corruption and other economic crimes Containing environmental damage 8/17/12 and social strife related to the
Total GDP $11.29 trillion GDP Growth rate 9.2% (according to CIA) GDP per Capita income $8400 (ranked 119)
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Employment overview
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Trade Balance
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CHINA Vs USA
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INDIA Vs CHINA
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Cont..
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Real Estate
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Growth Projection
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Inflation
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Distribution of Wealth
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Tax rates
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Conclusion
China is showing itself as a super power. It is focusing on defense instead of focusing on public welfare and transparent governance. Struggling with poor taxation policy. Creating another real estate bubble. Monopoly of SOIs.
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