1. Asian economy
Orlanda Vandervelden

2. Subjects
• Communism
• Technology in Asia
• Japan versus China
• Future plans for China
• Conclusion

3. Communism
• Socio-political movement
• Classless society
• Communal ownership
• Karl Marx

4. Technology in Asia

5. Japan versus China
• 5 years ago: Japan
• Today: neighbours of Japan

6. • Japan’s amount of patents 
• China’s amount of patents 
• World Intellectual Property Organisation (WIPO)
▫ Japan 4% more international patents
▫ China 30% more international patents
• Japan better success rate

7. Future plans for China
• New challenges
• Previous model
▫ Cheap labour
▫ Cheap capital
▫ Kindly export market
• Future plan
▫ Increasing energy efficiency
▫ Distrubuting wealth more equally

8. • The Five Year Plan
▫ Boost domestic consumption
▫ Advanced machinery
▫ Advanced aircraft
▫ Advanced energy saving
▫ Environmantally-friendly equipment

9. • Government
▫ Increase the pay for workers
▫ Introduce an effective health service
▫ Improve education and provisions
▫ Modernise farming

10. • Interest rate will increase in 2011
▫ Chinese economy goes well

11. Conclusion
• Quote:
▫ “For the present and future chiefs of China, there
are quite enough economic uncertainties ahead”