China Defying 2

download China Defying 2

of 22

Transcript of China Defying 2

  • 7/31/2019 China Defying 2

    1/22

    Click to edit Master subtitle style

    8/17/12

    CHINAs ECONOMY- Defying Gravity

    How hard it will fall?

    Presented by-

    Probal Mukherjee

    Amit ChoudharyKunal Girepunje

  • 7/31/2019 China Defying 2

    2/22

    8/17/12

    China

    Rank 1st with largest population in world(1,34,3239,923)

    3rd largest GDP of the world making it to $11.29

    trillion Current Government-CCP (Chinese Communist

    Party)

    President-HU Jintao

    Has the world largest hydropower potential.

    The natural Resources - Coal, iron ore,petroleum, natural gas mercury, tin, tungsten,antimony, manganese, molybdenum, vanadium,

    magnetite, aluminum, lead, zinc, uranium.

  • 7/31/2019 China Defying 2

    3/22

    8/17/12

    Interesting Facts Aboutchina

    Chinese new year is the prime festival & iscelebrated for 7 days.

    Chinese were the first to invent printing

    technology. Chinese hotels have no 4th floor.

    Wedding in red.

    Stranger have the same names. Dragons dont spit fire.

    Chinese dont name names.

  • 7/31/2019 China Defying 2

    4/22

    8/17/12

    The Hubs Of China

  • 7/31/2019 China Defying 2

    5/22

    8/17/12

    Beijing-Capital & Culture Hub

    Shanghai- Chinas EconomicPowerhouse

    Guangzhou- Southern hub for

    industry and business Dalian- Northern Harbor and Hub

    Chengdu- Economic centre for

    western China Wuhan- Economic Hotspot in the

    heart of China

  • 7/31/2019 China Defying 2

    6/22

    8/17/12

    Challenges faced

    Reducing its high domestic savingsrate and correspondingly lowdomestic demand

    Sustaining adequate job growth fortens of millions of migrants and newentrants to the work force

    Reducing corruption and othereconomic crimes

    Containing environmental damageand social strife related to the

  • 7/31/2019 China Defying 2

    7/22

    8/17/12

    Sector wise GDP Share

    Total GDP$11.29 trillion

    GDP Growth rate9.2% (according toCIA)

    GDP per Capita income$8400 (ranked 119)

  • 7/31/2019 China Defying 2

    8/22

  • 7/31/2019 China Defying 2

    9/22

    8/17/12

    Trade Balance

    Export:

    Commodities- $ 1.898trillionCrude Oil- 506,500bbl/day

    Import:Commodities- 1.743trillonOil-5.08 million

    bbl/day

  • 7/31/2019 China Defying 2

    10/22

    8/17/12

  • 7/31/2019 China Defying 2

    11/22

    8/17/12

    CHINA Vs USA

  • 7/31/2019 China Defying 2

    12/22

    8/17/12

    INDIA VsCHINA

  • 7/31/2019 China Defying 2

    13/22

    8/17/12

    Hurdles before ChineseEconomy

    Real Estate

    Growth Projection

    Global Financial Crisis

  • 7/31/2019 China Defying 2

    14/22

    8/17/12

    Cont..

    Inflation

    Distribution of Wealth

    Tax rates

    State Owned Industries

  • 7/31/2019 China Defying 2

    15/22

    8/17/12

    Real Estate

  • 7/31/2019 China Defying 2

    16/22

    8/17/12

    Growth Projection

  • 7/31/2019 China Defying 2

    17/22

    8/17/12

    Global Financial Crisis

  • 7/31/2019 China Defying 2

    18/22

    8/17/12

    Inflation

  • 7/31/2019 China Defying 2

    19/22

    8/17/12

    Distribution of Wealth

  • 7/31/2019 China Defying 2

    20/22

    8/17/12

    Tax rates

  • 7/31/2019 China Defying 2

    21/22

    8/17/12

    State Owned Industries

  • 7/31/2019 China Defying 2

    22/22

    8/17/12

    Conclusion

    China is showing itself as asuper power.

    It is focusing on defense instead

    of focusing on public welfareand transparent governance.

    Struggling with poor taxationpolicy.

    Creating another real estatebubble.

    Monopoly of SOIs.

    In spite of huge production,inflation is raisin