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China's Century. China's Century. China’s Economic Output - $ 1.6 Trillion Expected to triple over next 15 years Expected to overtake Japan by 2015 Expected to overtake U.S. by 2039. China's Century. China is world’s largest producer of coal, steel and cement
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China's Century • China’s Economic Output - $ 1.6 Trillion • Expected to triple over next 15 years • Expected to overtake Japan by 2015 • Expected to overtake U.S. by 2039
China's Century • China is world’s largest producer of coal, steel • and cement • Worlds second largest consumer of energy • Third largest importer of oil
China's Century • China’s exports to USA have grown 1,600 % • over the past 15 years • U.S. exports to China have grown by 415 % • over the same period • World’s fastest growing economy • World’s second largest holder of • foreign-exchange reserves
China's Century • Starbucks would have more cafes in • China in three years • China manufactures two thirds of the world’s • copiers, microwave ovens, DVD players and • shoes.
China's Century • Wal-Mart, the worlds largest corporation, • imported $ 18 billion worth of goods in 2004 • 80 % of Wal-Mart’s suppliers are from China • Cheap imports from China have saved • American consumers more than $ 600 billion • in the past decade (American Manufactures • have profited even MOREby selling these • imports in USA !!)
China's Century • December 1978 - Chinese government decides to • focus on development and modernization, • instead of ideology to guide its policies • Resulted in a 9% growth rate for more than 25 years • 300 million people lifted out of poverty in China in the • same period • Average Chinese person’s income has quadrupled
China's Century • The first supermarket opened in China in 1993 • By 2003 there were 60,000 supermarkets • China has 34,000 miles of expressway, • which is expected to triple 25 years
China's Century • In five years, China will produce more • Ph.D.s than America • The price of gas is $1.84 a gallon • By 2007, Chinese will surpass English • as the most used language on the internet • 2008 Olympics - Beijing, China
China's Century On Oct. 15, 2003 China became the third nation to independently launch an astronaut into Earth orbit
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