National Bird

Chinese Head Quaters

Chinese industry

CHINA OverviewChina is seen variously as an ancient civilization extending over a large area in east Asia, a nation or a multinational entity. With nearly 4000 years of continuous history, china is one of the world’s oldest civilizations.

In 1949, after a major combat ended in the Chinese civil war, two states calling themselves “china” emerged.

1). The people’s republic of china (PRC), established in1949, commonly known as china, has control over mainland china and the largely self-governing territories of Hong Kong and Macou.

2). The republic of china (ROC) established in1912 in mainland china, now commonly known as Taiwan, has control over the islands of Penghu, Kinmen and Matsu.

•The politics of the people’s republic of china takes place in a framework of a single-party socialist republic.•The leadership of the communist party is stated in the constitution of the people’s republic of china.• The more than 73 million members communist party of a china (CPC) continues to dominate government.•The primary organs of the state power are the national people’s congress (NPC), the president, and the state council.•Under the constitution of the people’s republic of china, the NPC is the highest organs of state power in china.

POLITICAL

ECONOMY

World’s Second Largest Economy

Fastest growing major economy with average growth rate of 10% for the past 30 yrs

Second largest exporter and largest importer of goods in the world

Top 6 trade partners – US, JAPAN, HONGKONG, SOUTH KOREA, TAIWAN, GERMANY

China now participates extensively in the world market and private sectors companies play a major role in the economy. According to china’s official statistics, the poverty rate fell from 53% in 1981 to 2.5% in 2005.

The PRC governments decision to permit china to be used by multinational corporations as an export platform has made the country a major competitor to other Asian led- economies, such as south Korea, Singapore and Malaysia. The government has also focused on foreign trade as a major vehicle for economic growth.

TECHNOLOGY

•Four great inventions of ancient china are the compass, gunpowder, papermaking, and printing.

•. China has established high energy physics research centre, built the electron – positron collider, installed the super energy latex lab on the gambala mountain with an altitude of 5000 meters and discovered the negative sigma hyperons'.

•As far as the laser technology concerned, china has developed the high power laser devices like shenguang, free electron laser device, 1.35 micron – semiconductor laser device and so on.In terms of engineering, the most obvious progress are with the capacity of manufacturing large - scale equipments such as 125,000 KW inner water – cooled turbo electric generating network.

ENVIRONMENT•The environment in the people’s republic in china has traditionally been neglected as the country concentrates on its rise as an economic power.

•A lot of the pollution in china nowadays is generated for producing the cheap products that fill stores in the US and Europe.

•Despite a recent interest in environmental reform, pollution has made cancer, the leading cause of death in 30 cities, the ministry of health says.

•China is also the largest contributor to world, levels of sulfur oxides, chlorofluorocarbons and other ozone depleting substances. China can suffer some of the effects of global warming, including sea level rise and glacier retreat.

•On June, 2008, the government enacted a rule for the entire country of china, all supermarkets, departmental stores and the shops prohibited from giving out free plastic bags. Since the ban, there has been ten percent fewer plastic bags thrown away.

•China is also one of the densely populated countries, though inhabitants are unevenly distributed, with more in the east than in the west and more in the rural areas than in urban areas.

•People have plenty of time. It is very family oriented. Food is the center of people’s life.

•They give main importance to their arts, scholarships and their literature.

•In china, most families are only able to have one child. This is due to one child policy established by Chinese leader DENG XIAOPING in 1979 to limit china’s population growth.

•Most social values are derived from Confucianism and Taoism. Chinese marriage and Taoist sexual practices are some of the customs and rituals found in the society.

SOCIO-CULTURAL:

Marching towards Success – Emerging Global Power

• Today, China is the most obvious power in the rise, with the World’s largest population and military establishment. Its Economy is among the World’s fast growing

• As a member of United Nations Security Council the people’s Republic of China belongs to the elite club of recognised great powers.

• Involved in more than 1000 international Governmental organizations that deal with issued ranging from drug trafficking to the environment.

• The threat of China’s growth – Nuclear power status –

• Has an armoury of over 30 intercontinental ballistic missiles, 110 intermediate – range ballistic missiles, as well as its submarine launch missile capability.

• China provides an alternative to the US modernisation model based on liberal democracy by having incorporated capitalism into a socialist party.

•Beijing began its astonishing rise by devaluing its currency 45 percent in 1994, slashing the prices of exports in half and making imports twice as expensive. As America threw open her market and invited China to come in and capture it, China had erected a Great Wall around her own.

•Results: China's worldwide trade surplus in manufactures, $31 billion in 2001, hit $401 billion in 2007, a 1,300 percent increase in 2008 reached $500 billion. China has shoved Germany aside to become the world's greatest exporter and now leads the world in the export of manufactured goods to Japan and the European Union, as well as the United States.

•Chinese auto production has quintupled since 2001. She now produces more cars than Germany and may exceed the United States in 2009. While Chinese auto exports are still heavily in parts, finished cars are coming soon to a dealer near you. The Chinese will likely run the sword through the last standing member of America's Big Three

•With her immense trade surpluses, China's reserves have surged from $200 billion in 2002 to $2 trillion

•As America plunges into recession and our industry hollows out, while China is still growing at 9 percent, as the 20th century's greatest creditor nation now borrows from Beijing to pay for booster shots for its sick economy

CHINA Vs GOOGLE

Google China found in 2005 headed by Kai- Fu Lee.2009 china blocked access to Google’s you tube 2009 sep 04, Kai- fu announced his surprise departure to start a venture fund amid debate about the Chinese Government’s censorship policies and Google’s decreasing share to rival Baidu (Chinese search engine – Google of China)Jan 2010 Google decided to pull out of the country announcing that themselves and other US Companies had been hacked.March 23,2010 Google started to redirect all search queries from Google to Google . com.hk (Hong Kong). thereby bypassing Chinese regulators and allowing uncensored Simplified Chinese search results. As a special entity recognized by international treaty, Hong Kong is vested with independent judicial power and not subject to most Chinese laws,, including those requiring the restriction of free flow of information and censorship of internet materials..Later all Google search was banned in Mainland China Any attempt to search would result in DNS Error.

Dumping

Cheap quality toys E- Waste

Dumping

Selling at a price lower than the cost of production

Unfair Methodology adopted by US, India and other Countries –

•The anti-dumping margins are grossly overstated

•The domestic producers use them as their weapon to get advantages to the hilt.

•The zeroing methodology is widely criticized.( Zeroing methodology means that when the Indian price is higher instead of assigning a negative value to this, it attaches a zero, thus eliminating the negative trade margin)

•This is against the basic rules of WTO

•The going of the collected anti dumping duty to the domestic producer in the US doubly hurts the Chinese companies. They have to pay penance in the form of anti dumping duty and their revenue is dispersed to their domestic competitors.

VsINDIA CHINA

Population

Economical growth

GDP GROWTH

Inflation

Medical advancement

Medical AdvancementCHINA INDIA

Technological growth

Technology

Population

Export growth

Infrastructure

GDP growth

Inflation

Industry economy

Literacy

Medical advancement

Who is the winner?

Technology

Macro-economic growth

Capital market

FDI status

Domestic market

Legal system

Micro-economic growth

Who is the winner?

Future winner is

Current winner is

India

China

but …

Thank you