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CHINA

CHINA. Tasers Terry Tang Xing Ru Liu Glenn White Kevin Davis Adam Lewis Brandon Halbrook. Basic Facts. Population – 1.31 B World’s fourth largest country (9.6 M sq. miles Land use Arable land – 14.86% Permanent crops – 1.27% Other – 83.87% Government – Communist state

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CHINA

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  1. CHINA Tasers Terry Tang Xing Ru Liu Glenn White Kevin Davis Adam Lewis Brandon Halbrook

  2. Basic Facts • Population – 1.31 B • World’s fourth largest country (9.6 M sq. miles • Land use • Arable land – 14.86% • Permanent crops – 1.27% • Other – 83.87% • Government – Communist state • Capital – Beijing

  3. Random China trivia • Despite it’s size, China falls within one time zone • China has 335M+ cell phones • 15 hour time difference • Chicken

  4. Chinese Dynasties

  5. Chinese Government • Chief of State: Hu Jintao • Cabinet: State Council appointed by National People’s Congress for 5 yr term • Legislative branch: Members elected by municipal, regional, and provincial people’s congresses to serve 5 yr terms • Judicial branch: • Supreme People’s Court (appt. by NPC) • Local People’s Court (higher, intermediate, and local courts) • Special People’s Court (military, maritime, and railway transport courts)

  6. Map of China • Border countries: Afghanistan, Bhutan, Burma, India, Kazakhstan, North Korea, Kyrgyzstan, Laos, Mongolia, Nepal, Pakistan, Russia, Tajikistan, Vietnam • Regional borders: Hong Kong, Macau

  7. Coal Iron ore Petroleum Natural gas Mercury Tin Tungsten Antimony Manganese Molybdenum Vanadium Magnetite Aluminum Lead Zinc Uranium Hydropower potential (world's largest) Natural resources

  8. Chinese Culture

  9. People… • China is a unified nation consisting of many different ethnic groups • How many different ethnic groups make up the great Chinese national family? - 56 • Which ethnic group accounts biggest proportion? What is it? -Han People, 96% • Because the Han people accounts the highest, the remaining fifty-five groups are generally referred to as - ethnic minorities • “Overall integration, Local concentration, Mutual interaction." - The relation among China's ethnic groups

  10. Medicine… • Traditional Chinese medicine (TCM) has a history stretching back thousands of years. TCM is an extremely rich discipline, built upon the combined experiences of famous practitioners of past dynasties, and the extensive body of medical writings they produced. • what make up traditional Chinese remedies? - natural preparations (Herbs, flower…) • The earliest and the famous medicine book is the “Compendium of Materia Medica. Who wrote it and when? - Li Shizhen during the Ming Dynasty (1368-1644)

  11. Medicine… • TCM Theory: • The Unity of Heaven and Human • Yin-Yang Theory and Five Elements Theory • The outside of the body is Yang, the inside is Yin; the back is Yang, the abdomen is Yin • Five Elements: Metal, Wood, Water, Fire and Earth. The liver and gallbladder are Wood, the heart is Fire, the spleen and stomach are Earth, the lungs and intestines are Metal, and the kidneys and bladder are Water. • When Yin and Yang are out of balance, disease and disorder result. Diagnosis relies on inspecting the complexion, smelling the breath, inquiring about symptoms, and feeling the pulse in order to determine the overall condition of the body.

  12. Religion... • China is a country with a great diversity of religions, with over 100 million followers of the various faiths. • What is the top 3 religions? - Buddhism, Christianity and Taoism • When was Buddhism introduced to China? From where? - approximately in the 1st century AD, India • When was Taoism become a religion? By whom? - approximately in the 2st century AD, Lao Zi

  13. Religion... • Tibetan Buddhism: • Buddhist doctrinal classification itself never played any crucial role in Indian Buddhism as it did in China so that China became the true homeland of Buddhism all over the world • Now China has more than 13,000 Buddhist temples • Taoism: • Taoist ethics is primarily linked with longevity. Longevity is a goal in Taoism, like Elysium in Buddhism and Heaven in Christianity, etc. • In all kinds of classic scriptures, Taoism emphasizes that in addition to keeping away from bad deeds and helping others, one must also be loyal to his country, show respect to his parents, and avoid the selfishness of human nature

  14. Environment

  15. Energy Issues • Elasticity of energy consumption/GDP growth is 1.5/1 • 80% of energy is produced from coal • China uses more coal than America, Europe and Japan combined • China is attempting to build dams as energy sources, but increased energy demands are dampening the overall impact

  16. Pollution • China on pace to become biggest greenhouse gas emitter by 2015 • Seven of the ten most air polluted cities in the world are in China • More than two-thirds of cities in China are well below World Health Organization air quality levels

  17. Water Issues • Two-thirds of China’s major cities are seriously short of clean water, with water quality well bellow World Health Organization minimum standards • Water pollution has increased cancer rates

  18. Water Shortage • China uses 7-15 times as much water as developed countries per unit of GDP • North China Plain and surrounding arid regions produce 40% of the countries GDP but have only 7.5% of the water • Water is China is currently underpriced

  19. Labor

  20. China’s Labor Market • Population: Over 1.3 Billion • Labor Force: 794.1 Million (2005 est.) • Unemployment Rate: 9% official registered unemployment in urban areas in 2004 • substantial unemployment & underemployment in rural areas • official Chinese journal est. unemployment (including rural areas) for 2003: 20%

  21. Labor Composition • GDP (Composition per Sector) • agriculture: 12.5% • industry: 47.3% • services: 40.3% • Labor Force by Occupation • agriculture: 49% • industry: 22% • services: 29% * note: industry includes construction

  22. Labor Shortage • Privatization of State Owned Enterprises. • Inadequate job growth for tens of millions of workers laid off from state-owned enterprises, migrants, and new entrants to the work force • Labor surplus in rural areas • From 100 to 150 million surplus rural workers are adrift between the villages and the cities, many subsisting through part-time, low-paying jobs.

  23. Labor Shortage • Booming coastal cities are home to the export-oriented factories • Shortage of skilled labor • Technical & Management • English Skills • Increasing wages for skilled labor • Lower costs in small cities, but more difficult to get skilled labor

  24. Labor Shortage Solutions • Improvement of education • Focus on technical, management, and English skills • Government loosening of rules that prevent rural workers from moving to cities • Tax breaks to overseas Chinese who return to China • Automation in factories

  25. China’s Aging Workforce One demographic consequence of the "one child" policy is that China is now one of the most rapidly aging countries in the world. Projected Aging Trends 2000 2050 POPULATION REFERENCE BUREAU WEBSITE

  26. China’s Aging Workforce • Traditionally, long-term care is provided at home by the children. • 4-2-1 problem • Declining elderly-support ratio. • working-age adult (ages 15 - 64) per # of elderly (age 65+) • Projected to decline drastically, from 9 persons to 2.5 persons by 2050

  27. China’s GDP Growth

  28. GDP Rank

  29. GDP Growth – First Quarter

  30. GDP Growth • This year’s GDP growth target is 8%. • China’s trade surplus continues to grow briskly too, rising to $23.3 billion in the first quarter, was 41% bigger than the surplus of January to March last year • Many economists have now revised their estimates upwards. • How difficult is “Soft Landing” in China?

  31. GDP Growth • China’s exchange rate policy is part of the problem. • Credit Growth • In the first quarter, industrial profits rose by 21.3%, but losses by 32.3%. • Investment grow rapidly as local governments • Encouraged by five-year economic plans

  32. GDP Growth – Overheating • There was much for the Chinese Government to be anxious about. • Resource-wasting investment • Bad-Debt Burden

  33. GDP Growth – Data & Forecast

  34. GDP Growth – Slowdown • On April 27th, the central bank raised interest rates to curb the credit growth for the first time in 18 months, by 0.27% • China's fixed-asset investment and money-supply growth moderated slightly in August • The M2 growth, if confirmed by official data later this week, would represent the slowest increase so far this year (at the end of August)

  35. Without a significant exchange-rate adjustment, China's economy is destined to become "more and more imbalanced," ---Merrill Lynch

  36. Questions? 问题?

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