Wednesday, May 27, 2009

Made In China: The People's Republic of Profit

* China is only slightly smaller than the U.S. in terms of land, but the population of people in China is four times are large.
* China is the fourth largest country in the world after Russia, Canada and the U.S.
* The life expectancy in the U.S. is 78 years. The life expectancy in China is 73 years.
* One demographic consequence of the “one child” policy is that China is now one of the most rapidly aging countries in the world.
* Literacy is higher in the U.S. than in China by 10%.
* The age structure of people in China between 15 and 64 is 12% higher than in the U.S.
* Annual inflows of foreign direct investment rose to $75 billion in 2007.
* By the end of 2007, more than 5,000 Chinese enterprises had established direct investments in 172 countries and regions around the world
* China has an industrial production growth rate of 13.4% while the U.S. has a rate of 0.5%.
* China’s main exporting partner is the U.S. carrying out 22% of all exports.
* There are 228.1 million more cell phones in use in China than in the U.S.



CNBC Originals:
China's capitalist revolution has produced a thriving new business class that includes over 400,000 millionaires - entrepreneurs and innovators - who are helping to make the country a global economic powerhouse. Melissa Lee reports.




Source:
CNBC

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