China has become the second largest economy in the world, surpassing Japan. While China's economy continues growing rapidly, weaknesses in the global economy could slow its future growth. The ASEAN Bank was established to support small and medium enterprises in Southeast Asia.

1. Evi Ots
2 FV 1
China,
a promising country

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

7. Total import & export of China

8. Export
Import
Total import & export of China

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

11. Sources:
www.theguardian.uk
www.newyorktimes.com
http://www.tradingeconomics.com/
http://www.starmass.com
http://www.census.gov/