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3 Important Factors

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  1. 3 Important Factors • Dr Dennis Woodward says…

  2. China: A Big Country

  3. With Lots of People Population 1.3 billion

  4. Run by the Chinese Communist Party • Membership 78 million

  5. China’s Growth

  6. China’s Growth

  7. Current Account Balance

  8. Facts • The Chinese economy is the 2nd largest in the world. • “Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2009 stood as the second-largest economy in the world after the US, although in per capita terms the country is still lower middle-income.” – CIA World Factbook.

  9. Challenges for China • One Child Policy: Now one of the most rapidly ageing populations in the world. • Environmental destruction. • Sustaining job growth. • Reducing corruption. • Urbanisation – migration from rural to urban. • Increasing domestic demand.

  10. Challenges for China • 180 million people still live on less than $1 per day. • 1/3 of the population has no access to clean drinking water. • Separatist movements – Uyghur, Tibet…

  11. National Interest for China • Economic development (sustainable) • Successional and Territorial integrity • Improved international standing • Creation of a socialist harmonious society (social equity) • Peaceful Rise • Regional Role • Environmental Protection