This pronation is made by India lawyer Prashant Ajmera of Ajmera Law Group on How China took over the world’s business? How and why they are in a race to become the number one economy of the world.

1. Speaker:
Prashant Ajmera
Lawyer, Founder and Author
How China took over the world’s business?

2. General Data of the Chinese Economy
• Currency: Renminbi
• Gross Domestic Product (GDP): 13.61 lakh crores USD (2018)
• GDP growth rate: 6.6% annual change (2018)
• GDP per capita: 9,770.85 USD (2018)
• Gross National Income (GNI): 25.3 lakh crores PPP dollars (2018)
• GNI per capita: 18,170 PPP dollars (2018)
• Internet users: 54.3% of the population (2017)
How China took over the world’s business?

3. Import-Export Data
• China is the largest export economy in the world and
the 33rd most complex economy according to the
Economic Complexity Index (ECI).
• In 2017,
• China exported $2.41T and
• imported $1.54T resulting in
• a positive trade balance of $873B.
• In 2017, the GDP of China was $12.2T and
• GDP per capita was $16.8k.
How China took over the world’s business?

4. How China took over the world’s business?
China Import & Export – Trade Balance

5. • Labour supply. ...
• Wages and unemployment. ...
• Female participation in the workforce. ...
• Political system. ...
• Strong leadership. ...
• Free market economy. ...
• Export-led growth. ...
• Special Economic Zones and FDI. …
Major factors – Inbound investment – 1975-2005
How China took over the world’s business?

6. • Private enterprise
• Energy supply
• Investment in infrastructure
• Economic diversification
• Education
• Location
• Raw material
• Natural resources
• Population Growth
• TAKE OVER TECHNOLOGY
• GOING GLOBAL – Out bound investment
Major factors – Inbound investment
How China took over the world’s business?

7. GOING GLOBAL – OUTBOUND INVESTMENT – B2B – 2005 - 2019
How China took over the world’s business?

8. GOING GLOBAL – OUTBOUND INVESTMENT - B2B – 2005-2019
How China took over the world’s business?

9. GOING GLOBAL – OUTBOUND INVESTMENT - B2B – 2005-2019
How China took over the world’s business?

10. Major factors – GOING GLOBAL – OUTBOUND INVESTMENT - B2B
How China took over the world’s business?

11. China currency restrictions
How China took over the world’s business?
• China's current regulations for Chinese
nationals are that people can buy up to
US$50,000 in foreign currency per year at the
bank.

12. China Visa Free Travel – 71 countries
How China took over the world’s business?

13. How China took over the world’s business?
Number of HNIs in China
Year 2006 – Number of Chinese with assets of US$ 1.47 million - 180,000
Year 2016 – Number of Chinese with assets of US$ 1.47 million - 1,600,000

14. World HNI Data
How China took over the world’s business?

15. Chinese millionaires – Why do they wish to move out of China?
How China took over the world’s business?
• Communist government
• Lack of complete freedom
• No certainty of life and property
• No real estate market
• Poor quality of life (non-materialistic)
• Children’s education
• Escaping from Law
• Expansion of business – Export of Chinese goods
• Top destinations for investment with migration and business expansion
• Hong Kong, Canada, Australia and USA

16. • Residency to Citizenship:
• Canada (1993), Australia (1996), USA (1992/2009), UK, New Zealand
• Direct Citizenship: (Different years)
• Caribbean Islands –> St. Kitts & Nevis, St. Lucia, Antigua & Barbuda,
Grenada, Dominica
• Residency: Europe (2012 and after)
• Portugal, Spain, Malta, Cyprus, Greece, Bulgaria
• Citizenship: Europe (2012 and after)
• Cyprus, Malta, Bulgaria, Moldova, Turkey
How China took over the world’s business?

17. How China took over the world’s business?

18. How China took over the world’s business?
Date: Dec 17, 2019
China wants its own
digital currency and we
will be required to use
same if we wish to
purchase Chinese
goods.

19. How China took over the world’s business?
Moving to Africa and Latin America – Business and people –
giving competition to USA and other countries

20. How China took over the world’s business?
How Chinese
ended up in
Italy ?
By –
Giacomino
Nicolazzo

21. • The China law states that “any organization and
citizen” shall “support and cooperate in national
intelligence work”.
• Due to this law in China – Huawei was not allowed in
USA as they may act as Spy for China.
• Australia, Germany, UK and many countries followed
How China took over the world’s business?

22. How China took over the world’s business?
#1 Best National seller
“Pillsbury” is correct to assert that China
constitutes by far, the biggest national
challenge to the America’s position in the
world today. – The Wall Street Journal
1949 to 2049

23. How China took over the world’s business?
Digital World China
Browser Google Chrome UC Browser
Search Engine Google Baidu
Chat Message Whats app WE Chat
Online shopping Amazon Alibaba
Email Gmail QQ.com
Social media Facebook Renrer.com
Twitter Weibo.com
YouTube YouKu.com
Mobile VIVI & OPP No foreign compan

24. How China took over the world’s business?
Export from India to China – 5 Billion US$
Export from China to India – 100 Billion US$

25. How China took over the world’s business?
Ghar Me Guskar Marenge, PM Modi
(5th March 2019)
NOW
Unke Desh me jake Dhandha Karenge
उसके देश म� प्रवेश कर� और �ापार कर�

26. • Connect with us:
• Mo: +91 99 74 25 3030
• info@ajmeralaw.com
• www.ajmeralaw.com
How China took over the world’s business?