Chinese Economics

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Chinese Economics

  1. 1. CHINESE ECONOMICS<br />
  2. 2. ECONOMIC SYSTEM<br /><ul><li>Second largest in the world
  3. 3. “Near Market”
  4. 4. Mix
  5. 5. Socialist
  6. 6. Capitalist
  7. 7. Communist</li></li></ul><li>Economic trends<br />
  8. 8. Fastest expanding economy<br />Unemployment<br /><ul><li>4.1 percent in 4th quarter of 2010</li></ul>Inflation<br /><ul><li>5.4 percent in March of 2011</li></li></ul><li>Trading partners<br />
  9. 9. NATURAL RESOURCES<br />
  10. 10. LABOR UNIONS<br />Independent Unions Illegal<br />Communist Labor Unions<br />Government Controled<br />Labor Laws <br />5 day, 40 hour work week<br />At least $48 per week<br />Workers must be older than 16<br />
  11. 11. infrastructure<br /><ul><li>Merge 9 cities around Pearl Delta River
  12. 12. 16,000 sq mile urban area, 26 times larger geographically than Greater London
  13. 13. Covers China’s manufacturing heart land
  14. 14. Accounts for 1/10th of China’s economy</li></ul>Infrastructure will cheapen in near future because of and Infrastructure bubble<br />

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