PGA Proj Group 7 US vs. China (1)

8/10/2019 PGA Proj Group 7 US vs. China (1)

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US China Area:

total: 9,826,675 sq km country comparison to the

world: 3 land: 9,161,966 sq km

water: 664,709 sq km

note:includes only the 50states and District ofColumbia

Area:

total: 9,596,961 sq km country comparison to the

world: 4 land: 9,569,901 sqkm

water: 27,060 sq km
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=4https://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US China Population:

307,212,123 (July 2009 est.) country comparison to the

world: 3

Population:

1,338,612,968 (July 2009 est.) country comparison to the

world: 1
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US China Literacy:

definition: age 15 and over canread and write

total population: 99%

male: 99%

female: 99% (2003 est.)

Literacy:

definition: age 15 and over canread and write

total population: 90.9%

male: 95.1%

female: 86.5% (2000 census)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US ChinaHousehold income or

consumption by percentageshare:

lowest 10%: 2%

highest 10%: 30% (2007 est.)

Household income orconsumption by percentage

share: lowest 10%: 3.5%

highest 10%: 15%

note:

data are for urbanhouseholds only (2008)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US ChinaLabor force:

154.1 million (includesunemployed) (2009)

country comparison to theworld: 4

Labor force:

812.7 million (2009 est.) country comparison to the

world: 1

Labor force - by occupation:

agriculture: 39.5%

industry: 27.2%

services: 33.2% (2008 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US China

Unemployment rate: 9.3% (2009 est.)


5.8% (2008 est.)

Unemployment rate: 4.3% (September 2009 est.)


4.2% (December 2008 est.)

note:official data for urban areas only;including migrants may boost totalunemployment to 9%; substantialunemployment and underemploymentin rural areas
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=109https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=38https://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=38https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=109https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


8/47

US China

Inflation rate (consumerprices):

-0.7% (2009 est.)


3.8% (2008 est.)

Inflation rate (consumerprices):

-0.8% (2009 est.)


5.9% (2008 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=13https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=9https://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=9https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=13https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


9/47

US China

GDP (purchasing power parity):

$14.26 trillion (2009 est.)




note:data are in 2009 US dollars

GDP (purchasing power parity):





note:data are in 2009 US dollars
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=2https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=2https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=2https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US China

GDP - real growth rate:

-2.4% (2009 est.)


0.4% (2008 est.)

2.1% (2007 est.)

GDP - real growth rate:

8.7% (2009 est.)


9% (2008 est.)

13% (2007 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=151https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=151https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US ChinaGDP - composition by sector:

agriculture: 1.2% industry: 21.9%


GDP - composition by sector:

agriculture: 10.9% industry: 48.6%

https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


12/47

US ChinaBudget:

revenues: $1.914 trillion expenditures: $3.615 trillion

(2009 est.)

Budget:

revenues: $972.3 billion expenditures: $1.137 trillion

(2009 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


13/47

US ChinaReserves of foreign exchange

and gold:

$NA (31 December 2009 est.)

$77.65 billion (31 December2008 est.)

Reserves of foreign exchangeand gold:

$NA (31 December 2009 est.)

$77.65 billion (31 December2008 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


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US ChinaExports: $994.7 billion (2009 est.) country comparison to the world: 4 $1.277 trillion (2008 est.)

Exports - commodities:agricultural products (soybeans, fruit, corn)9.2%, industrial supplies (organicchemicals) 26.8%, capital goods(transistors, aircraft, motor vehicle parts,computers, telecommunicationsequipment) 49.0%, consumer goods(automobiles, medicines) 15.0%

Exports - partners: Canada 20.1%, Mexico 11.7%, China 5.5%,

Japan 5.1%, Germany 4.2%, UK 4.1% (2008)

Exports: $1.194 trillion (2009 est.)

country comparison to the world: 2 $1.429 trillion (2008 est.)

Exports - commodities:electrical and other machinery,including data processing equipment,apparel, textiles, iron and steel, optical

and medical equipment

Exports - partners: US 17.7%, Hong Kong 13.3%, Japan

8.1%, South Korea 5.2%, Germany4.1% (2008)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=2https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html?countryName=China&countryCode=ch&regionCode=eas&rank=2https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch&regionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html?countryName=United%20States&countryCode=us&regionCode=na&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us&regionCode=na


15/47

US ChinaImports: $1.445 trillion (2009 est.) country comparison to the world: 2 $2.117 trillion (2008 est.)

Imports - commodities:agricultural products 4.9%, industrialsupplies 32.9% (crude oil 8.2%), capitalgoods 30.4% (computers,telecommunications equipment, motor

vehicle parts, office machines, electricpower machinery), consumer goods 31.8%(automobiles, clothing, medicines,furniture, toys)

Imports - partners: China 16.4%, Canada 15.7%, Mexico 10.1%,

Japan 6.6%, Germany 4.6% (2008)

Imports: $921.5 billion (2009 est.) country comparison to the world: 4 $1.131 trillion (2008 est.)

Imports - commodities:electrical and other machinery, oil andmineral fuels, optical and medicalequipment, metal ores, plastics, organicchemicals

Imports - partners: Japan 13.3%, South Korea 9.9%, Taiwan

9.2%, US 7.2%, Germany 4.9% (2008)
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US ChinaOil - production: 8.514 million bbl/day (2008 est.) country comparison to the world: 3

Oil - consumption: 19.5 million bbl/day (2008 est.) country comparison to the world: 1

Oil - exports: 1.433 million bbl/day (2008 est.) country comparison to the world: 16

Oil - imports: 13.47 million bbl/day (2008 est.) country comparison to the world: 1

Oil - proved reserves: 21.32 billion bbl (1 January 2009 est.) country comparison to the world: 12

Oil - production: 3.795 million bbl/day (2008) country comparison to the world: 4

Oil - consumption: 7.999 million bbl/day (2008) country comparison to the world: 3

Oil - exports: 388,000 bbl/day (2008 est.) country comparison to the world: 32

Oil - imports: 4.393 million bbl/day (2008) country comparison to the world: 4

Oil - proved reserves: 15.55 billion bbl (1 January 2009 est.) country comparison to the world: 13
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GDP US vs. GDP China

Year Mar Jun Sep Dec Average

2009 -6.40 -0.70 2.20 5.60 0.18

2008 -0.70 1.50 -2.70 -5.40 -1.83

2007 1.20 3.20 3.60 2.10 2.53


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GDP US vs GDP China The Gross Domestic Product (GDP) in the United States expanded at an

annual rate of 5.60 percent in the last quarter.

The Gross Domestic Product (GDP) in China expanded at an annual rate

of 10.70 percent in the last quarter.

The United States Gross Domestic Product is worth 14204 billion dollars

or 22.91% of the world economy, according to the World Bank.

China Gross Domestic Product is worth 4326 billion dollars or 6.98% of

the world economy, according to the World Bank.

The economy of the United States is the largest in the world.

China's economy is the second largest in the world after that of the United

States

The United States is a market-oriented economy where private

individuals and business firms make most of the decisions.

China's economy has changed from a centrally planned system that was

largely closed to international trade to a more market-oriented that has a

rapidly growing private sector.


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GDP US

DESPITERECENTGROWTH, US RECOVERYISSTILLWEAK

In the fourth quarter of 2009, the United States economy

expanded at an annualized rate of 5.9%

Growth was mainly due to inventory rebuilding and the recent

economic expansion maybe short lived

Households demand is necessary to elevate production levels

and the poor condition of the labor market is having a negative

impact on the recovery pace


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Contd.. The US economy has lost 7.3 million jobs since therecession began in December 2007

The job creation promise made by many politicians is not

working because the unemployment rate is the highest in

26 years

The biggest fiscal deficit on record combined with the

anticipation of low interest rates for a long time is

discouraging investors from depositing money in the

United States

The US government deficit is likely to reach 10.6% of

GDP in 2010


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Contd.. Chinas growth in 2009 was largely a result of 4 trillion

yuan stimulus package directed mostly to infrastructure

projects and lending

China's wide M2 measure of money supply and fixed asset

investments grew almost 30% year on year Putting a lot of cash into an economy during a slowdown

may stop job losses and stimulate growth

China has been keeping the value of its currency yuan

pegged to the US dollar at very low levels The trade-weighted value of Yuan also declined, making

foreign goods more costly in China


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CHINA China -11.2% annually in the period 2005-2008.

In 2008, however, mainly due to decreased export demand anddeclining real estate investment, Chinas GDP growth sank to 9.0%

Stimulus package and the accompanying rise in short-term credit ( including a 4-trillion yuan investment

package, tax cuts, and consumer subsidies to shore upgrowth and employment).

More government investment came to infrastructure,scientific research and public service.

Meanwhile, the government shifted from a tight monetary

policy in 2008 to the moderately easy monetary policy in2009 to help the national economy counter adverseimpacts of the financial crisis.


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US EXPORT OVERVIEW U.S. exports of goods and services fell by 16.4% in January

2009 to $124.9 billion since January 2008, while importsdeclined 22.8% to $160.9 billion over the same period.

In January 2009, the U.S. goods and services trade deficit($36.0 billion) was the lowest monthly deficit since October2002. This led to a 39.1% improvement in the goods andservices deficit when compared to January 2008.

The monthly goods and services trade deficit has declinedfor the sixth consecutive month from the $62.5 billion deficitrecorded in July 2008 to the $36.0 billion recorded in January2009.

Exports comprised 13.0% of U.S. GDP in 2008. To put inhistorical terms, exports were 9.5% of U.S. GDP five yearsearlier (2003), and 5.3% 40 years ago (1968).


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CHINA EXPORT-IMPORT

Exports of China Imports of China Computers US$28.3 billion, up 13%

(9.5% of exports)

Other household goods $27.1 billion,down 1.5% (9.1%)

Toys and sporting goods $25.1 billion,down 14% (8.5%)

Computer accessories $22.1 billion,down 18.3% (7.4%)

Video equipment $15.1 billion, down0.1% (5.1%)

Cotton apparel and household goods $14.45 billion, up 8% (4.9%)

Other apparel and household goods$14.38 billion, down 6% (4.9%)

Telecommunications equipment $11.8billion, down 18.8% (4%)

Furniture and household items $11billion, down 17.2% (3.7%)

Leather or rubber footwear $10.97billion, down 5.7% (3.7%).

Soybeans US$9.2 billion, up 26.9%(13.2% of imports)

Civilian aircraft including parts $5.3billion, up 36.6% (7.7%)

Semiconductors $5.2 billion, down20.3% (7.4%)

Plastic materials $3.6 billion, up 17.3%(5.2%)

Steelmaking materials $2.7 billion, up40% (3.9%)

Pulpwood $2.5 billion, up 12% (3.6%)

Other industrial machines $2.4 billion,

down 15.9% (3.4%) Organic chemicals $2.1 billion, up

16.3% (3%)

Copper $2 billion, down 19.6% (2.8%)

Measuring, testing and control instruments $1.5 billion, down 7.2% (2.2%).


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For the first time in 6 years China faces a tradedeficit of $7.2 billion.

The countrys trade surplus had slid 34.2% to $196billion in 2009, down by $100 billion compared to theprevious year.

The diminishing surplus signals that trade may be adrag on Chinasexpansion, a contrast with the U.S.,where net exports contributed more to growth in thepast two years than any time since the 1940s.

Since it is the world's leading importer, there aremany U.S. dollars in circulation all around the planet.China owns an estimated $1.6 trillion of U.S. securities.


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HDI- Ranking of US and China The Human Development Index is calculated using various indicators for quality of life, such as

health indicators and access to healthcare services, life expectancy at birth, nutrition levels,education and literacy levels, access to basic needs such as water and sanitation, and so on. It also

takes into account GDP per capita in terms of Purchasing Power Parity and percentage of the

Population living below the poverty line.

Countries high on the Human Development Index tend to have annual population growth rates of

1 percent or less, high urban population percentages (65 percent and up) and balanced percentages

of people under 15 and over 65 years of age. Those low on the index tend to have annualpopulation growth rates of 1.5 percent or higher, less than 35 percent of the population in urban

areas, and an under-15 population that greatly outnumbers those above 65 years (in most cases,

more than 10 times as many.)

SOURCE: Human Development Report 2009 - HDI rankings, UNDP

COUNTRY HDI

Rank

China 92 Medium Human Development

U.S.A 13 Very High Human Development


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Factors of Competitiveness ( China) GDP Real Growth Rate

9.8% ( 2008)

13% (2007) 11.6 (2006)

GDP Per capita(Purchasing Power Parity)

$6000(2008)

$5500(2007)

$4900(2006)


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Significance of Competitive Factors (China)

highly successful in capturing WORLD Export Market.

Undervalued Exchange Rate Extremely Low Labour Cost

Products that meet world market specifications.

High Savings and Investment

Foreign Direct Investment: major source of Chinas

Capital Growth.

Increase Productivity


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Significance of Competitive Factors (US)

High unemployment

a weak housing market and budget deficits of bothlocal and state governments

Weak Consumer Spending

Fiscal deficit on record combined with the anticipation

of low interest rates for a long time


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PGA Proj Group 7 US vs. China (1)

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