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China

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China 'Our Friends of the Orient' ... A Brief History of China. Population. People. Political. Background. The Future. Current Situation ... – PowerPoint PPT presentation

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Title: China


1
ChinaOur Friends of the Orient
Background
Current Situation
International Aspects
Special Problems
The Future
  • Ryan Logas, Brian Butler, Pamela Ow, Michael
    Rice, and Steven Daines

2
Background
Samurai's in SpaceA Brief History of China
Current Situation
International Aspects
Special Problems
The Future
Population People Political
3
Background
Chinas Economic Transformation
Current Situation
International Aspects
Special Problems
Communist Centrally Planned To Bureaucratic
Market Economy
The Future
4
Goals for Economic Reform
Background
Current Situation
International Aspects
  • change the mechanism of resource allocation
  • market plays a critical role in the allocation of
    resources

Special Problems
The Future
5
Deng Xiaoping
Background
Current Situation
  • General Secretary of
  • Communist Party of China
  • from 1956-1867
  • Chairman of the
  • Central Military Commission
  • from 1981-1989

International Aspects
Special Problems
The Future
6
Jiang Zemin
Background
Current Situation
  • General Secretary of the
  • Communist Party of China
  • from 1989 to 2002
  • Chairman of the Central
  • Military Commission
  • from 1989 to 2004.

International Aspects
Special Problems
The Future
7
Hu Jintao
Background
Current Situation
  • General Secretary of
  • Communist Party of China
  • from 2002-Present
  • President of the
  • Peoples Republic of China
  • from 2003-Present

International Aspects
Special Problems
The Future
8
Improvements since Deng
Background
Current Situation
  • Economic Freedom
  • Economic Wealth
  • Chinese people have more political power
  • Foreign trade and investments
  • Legal reforms initiated

International Aspects
Special Problems
The Future
9
Improvements since Deng
Background
Current Situation
  • China renewed its membership with the IMF and the
    World Bank.
  • China gained admission to the WTO, and officially
    joined on December 11, 2001

International Aspects
Special Problems
The Future
10
At Present
Background
  • Reform of state-owned enterprises (SOEs) has been
    far from satisfactory
  • the old system (CCP) maintains its influence
  • Gradual improvement
  • continues to impede the establishment and
    perfection of the new market economic system

Current Situation
International Aspects
Special Problems
The Future
11
Current Problems
Background
Current Situation
  • failure to carry out market-oriented reforms
  • ensure that growth rates are sustainable over a
    long period
  • Prevent hard-landing

International Aspects
Special Problems
The Future
12
Hard-Landing Impact
Background
Current Situation
  • Asian Economies
  • America
  • Europe

International Aspects
Special Problems
The Future
13
CHINAS BOOM
Background
Current Situation
  • third-largest producer of manufactured goods in
    the world
  • biggest building boom in history
  • status in the international economic and trading
    system steadily advancing
  • international recognition gain

International Aspects
Special Problems
The Future
14
International Aspects
Background
Current Situation
  • Trade Organizations
  • World Trade Organization
  • Asian Free Trade Possibility
  • Trade with China (United States)
  • Investment in China

International Aspects
Special Problems
The Future
15
World Trade Organization
Background
  • After 15 years of arduous effort to join, China
    joined the WTO officially on December 11, 2001
  • They became the 143 member of the WTO
  • Mike More President of the WTO said
    International economic cooperation has brought
    about this defining moment in the history of the
    multilateral trading system.
  • China will provide non-discriminatory treatment
    to all WTO Members. All foreign individuals and
    enterprises, including those not invested or
    registered in China, will be accorded treatment
    no less favourable than that accorded to
    enterprises in China with respect to the right to
    trade.
  • price controls will not be used for purposes of
    affording protection to domestic industries or
    services providers.

Current Situation
International Aspects
Special Problems
The Future
16
Asian Free Trade Possibility
Background
  • A region-wide free-trade area is a realistic
    goal, an Asian Development Bank (ADB) official
    said
  • Domestic economic issues make up a key impediment
    to a common Asian market and thus it would be
    "very difficult for them to fully open up their
    markets."

Current Situation
International Aspects
Special Problems
The Future
17
Trade with China 2006All Figures are reported
in millions of dollars
Background
Current Situation
Month Exports Imports Balance
Jan 2006 3,494.1 21404.9 -17,910.9
Feb 2006 4,087.0 17,926.5 -13,839.5
March 2006 4,955.4 20,526.5 -15,570.7
April 2006 4,343.7 21,377.2 -17,033.5
May 2006 4,542.0 22,253.6 -17,711.6
June 2006 4,3470 24,052.4 -19,705.4
July 2006 5,064.6 24,639.6 -19,574.9
Total 30,833.8 152,180.4 -121,346.5
International Aspects
Special Problems
The Future
18
Background
Current Situation
International Aspects
Special Problems
The Future
19
Investment in China
Background
  • China fast-growing economy
  • Capital markets have proven disappointing for
    foreign investors
  • Local stock markets are very volatile
  • Only few investors are allowed to invest by the
    government

Current Situation
International Aspects
Special Problems
The Future
20
Background
Current Situation
International Aspects
What are some problems facing china?
Special Problems
The Future
21
Background
China needs to overcome
Current Situation
International Aspects
  • Trade imbalances
  • Lack of natural resources
  • Poverty

Special Problems
The Future
22
Trade Imbalance
Background
  • Imbalance between production and consumption
  • Excess production exported to United States
  • Deficit spending by united states
  • Recession would cause china to have more than
    they can consume
  • Non-serviceable loans

Current Situation
International Aspects
Special Problems
The Future
23
Lack of Natural Resources
Background
Current Situation
  • Unsustainable rate of consumption
  • Available water is 1/3 world Average
  • All concentrated in Northern China
  • Environmental damage
  • Pricing policies

International Aspects
Special Problems
The Future
24
Poverty
Background
Current Situation
International Aspects
  • Cut off from market system
  • Rural communities
  • Ethnic minority

Special Problems
The Future
25
Important Issues for Future
Background
Current Situation
International Aspects
  • Growing Economy
  • Trade Imbalance
  • Housing Bubble
  • Energy
  • Environment

Special Problems
The Future
26
Growing Economy
Background
Current Situation
International Aspects
  • Raging Economy
  • Municipalities are ignoring national officials

Special Problems
The Future
27
Background
Current Situation
International Aspects
Special Problems
The Future
28
Trade Imbalance
Background
Current Situation
International Aspects
Special Problems
The Future
29
Background
Housing Bubble
Current Situation
  • Skylines are forming almost overnight

International Aspects
Special Problems
The Future
30
Energy in China
Background
Current Situation
80 of Chinas electricity comes from coal.
International Aspects
Special Problems
The Future
A Chinese coal miner
31
Three Gorges Dam
Background
Current Situation
International Aspects
Special Problems
The Future
32
Environment in China
Background
Current Situation
International Aspects
Special Problems
The Future
Traffic in Beijing
33
Background
Current Situation
International Aspects
Special Problems
The Future
34
Background
Current Situation
International Aspects
What is your future?
Special Problems
The Future
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