China is a promising country who has an executive position in the world. Its economy has expand and China is now the second-largest economy in the world.
2. I. Introduction
II. China surpass Japan
III. Weakness in the global economy
IV. ASEAN Bank
V. Sources
Index
3. Poor communistic country
1970: Booming economy
Biggest car market
largest energy consumer
2020-2030: Number one in the world
Introduction
4. February 2011 China second-largest economy
Japan
Decline: 0.3% Growth: 3.9%
Small domestic consumption
Small demand
Public debt
China surpass Japan
5. • Large population Small GDP per head
• Japan is pleased
19.40% of export
Opportunity for other Asian countries
China surpass Japan
6. Slowing economy in Europe
Demand declines Export
Economic Crisis
Small domestic demand Import
Weakness in the global economy
9. Balance of Trade USA: Trade in goods with China
Month Exports Imports Balance
January 2011 8,078.1 31,349.6 -23,271.5
February 2011 8,437.2 27,278.7 -18,841.5
March 2011 9,518.8 27,601.4 -18,082.6
April 2011 7,971.0 29,567.1 -21,596.0
May 2011 7,817.8 32,781.3 -24,963.5
June 2011 7,729.9 34,387.4 -26,657.5
July 2011 8,170.9 35,125.5 -26,954.7
August 2011 8,408.1 37,363.8 -28,955.7
TOTAL 2011 66,131.8 255,454.7 -189,323.0
Weakness in the global economy
10. The Association of Southeast Asian Nations
Encourage SME’s
Commercial and policy bank
Mini Asian Development Bank
ASEAN BANK