How china taken over the world
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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.
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How china taken over 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?