The 21st century is the current century of the Anno Domini era or the Common Era in accordance with

the Gregorian calendar. This century began on January 1, 2001 and will end on December 31, 2100.The years from 2001 to 2011 are historical; the years from 2011 to 2100 are subject to futurology and projections. Currently, eleven years of the 21st century have transpired.

Early 21st century(2001-present)

In contemporary history, the 21st century began with the United States as the sole superpower in the absence of the Soviet Union, with the rise of China and India in becoming capitalist or semicapitalist countries.

Economy & Business

The 21st century is witnessing Asia's return to what might be considered its historical proportions of the world's population and economy. In 1800, Asia represented more than half of global population and output. By 1900, it represented only 20% of world output not because something bad happened in Asia, but rather because the Industrial Revolution had transformed Europe and North America into the world's workshop.

The economy of Asia comprises more than 4 billion people (60% of the world population) living in 46 different states.
The largest economies in Asia in terms of nominal GDP are China, Japan, India, South Korea, Indonesia and Iran. In terms of GDP by purchasing power parity, China followed by Japan, India, South Korea and Indonesia are the largest economies in decreasing order.

Population: GDP (PPP) (US$): Nominal GDP (Currency) (US$):

4 billion (60% of the World) US$24.077 trillion (2010) $18.515 trillion (2010)

GDP/capita (PPP) (US$):

GDP/capita (Currency) (US$):

$7,041 (2009)
$4,629 (2009)

Annual growth of per capita GDP:

7.9% (2010)

Millionaires (US$): Unemployment:

3 million (0.06%) 3.8% (2010 est.)

2010 nominal GDP & PPP list by IMF

Country or territory GDP nominal millions of USD GDP PPP millions of USD GDP PPP per capita USD Location

Asia Afghanistan Armenia Azerbaijan Bahrain Bangladesh Bhutan Brunei Burma Cambodia

18,515 16,631 8,830 52,166 21,733 105,402 1,397 11,963 35,646 11,360

24,077 29,616 17,086 90,074 29,663 257,545 3,785 19,925 76,240 29,811 1000 6,400 8,634 37,200 1,600 5,600 51,800 1,197 2,000 South Asia West Asia West Asia West Asia South Asia South Asia Southeast Asia Southeast Asia Southeast Asia

China (PRC) Cyprus East Timor

5,878,257 22,752 616

10,085,708 23,017 3,062

7,518 28,381 2,600

East Asia West Asia Southeast Asia

Georgia
Hong Kong India Indonesia

11,234
226,485 1,537,966 706,735

22,194
322,486 4,060,392 1,029,884

4,500
29,826 3,417 3,900

West Asia
East Asia South Asia Southeast Asia

Iran
Iraq Israel Japan Jordan

337,901
84,136 201,254 5,458,872 27,129

818,653
115,330 218,490 4,309,432 34,617

11,200
3,600 29,500 32,817 5,000

West Asia
West Asia West Asia East Asia West Asia

Kazakhstan
North Korea South Korea

129,757
28,000 1,007,084

193,261
40,000 1,459,246

11,434
1,900 30,200

Central Asia
East Asia East Asia

Resources of Asia

Economy of People's Republic of China

The People's Republic of China (PRC) ranks since 2010 as the world's second largest economy after the United States. It is one of the world's fastest-growing major economies, with consistent growth rates of 5% - 15% over the past 30 years.

Rank

2nd
Renminbi (RMB); Unit: Yuan (CNY) USD = 6.4581961 RMB (20 July 2011)

Currency

Fixed exchange rates

Fiscal year Trade organisations

Calendar year 01 January to 31 December WTO, APEC, G-20 and others

GDP

$5.88 trillion (nominal: 2nd; 2010) $10.08 trillion (PPP: 2nd; 2010)

GDP growth

10.46% (major economies: 1st; 2010) $4,283 (nominal: 95th; 2010)

GDP per capita $7,518 (PPP: 93rd; 2010) GDP by sector Inflation (CPI) Gini index Labour force Labour force by occupation industry (46.8%), services (43.6%), agriculture (9.6%) (2010 est.) 4.9% (January 2011) 41.5 780 million (1st; 2010) agriculture (39.5%), industry (27.2%), services (33.2%) (2008)

Unemployment

4.2% (July 2010)

Exports

US$1.506 trillion (2010)

electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment US 20.03%, Hong Kong 12.03%, Japan 8.32%, South Korea 4.55%, Germany 4.27% (2009) US$1.307 trillion (2010) electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals Japan 12.27%, Hong Kong 10.06%, South Korea 9.04%, US 7.66%, Taiwan 6.84%, Germany 5.54% (2009)

Export goods

Main export partners Imports

Import goods

Main import partners

FDI stock
Gross external debt

$100 billion (2010)

$406.6 billion (22nd; 2010)

Public debt Revenues Expenses

17.5% of GDP (112th; 2010) $1.149 trillion (2010) $1.27 trillion (2010)

Economic aid

recipient: $1.12 per capita (2008)

AA- (Domestic) AA- (Foreign) AA- (T&C Assessment) (Standard & Poor's) $3.05 trillion (1st; 2011)

Credit rating

Foreign reserves

Trend of GDP of China by IMF

Year Gross domestic product 91,000 145,700 171,600 225,300 299,700 460,906 896,440 1,854,790 6,079,400 9,921,500 US dollar exchange 2.46 2.46 2.46 2.46 1.86 1.49 2.93 4.78 8.35 8.27 Inflation index (2000=100 ) 19.2 20.0 21.6 21.3 22.4 25.0 30.0 49.0 91.0 100.0 106.0 112.0 Nominal Per Capita GDP (as % of USA) 2.43 3.04 2.63 2.20 2.32 2.52 1.65 1.48 2.17 2.69 4.05 6.23 PPP Per Capita GDP (as % of USA) 2.04 2.84 3.43 5.44 6.75 9.61 15.90

1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010

18,308,500 8.19 25,506,956 6.97

Now, China is the 2nd importer who imports from Australia & others.

Global distribution of Chinese exports in 2006 as a percentage of the top market

Indian economy
The Economy of India is the tenth largest in the world by nominal GDP and the fourth largest by purchasing power parity (PPP).

Rank

10th (nominal) / 4th (PPP)

Currency

1 Indian Rupee (INR) = 100 Paise

1 April 31 March

Fiscal year

Trade organizations

WTO, SAFTA, G-20 and others

$1.53 trillion (nominal: 10th; 2010) GDP $4.06 trillion (PPP: 4th; 2010) GDP growth GDP per capita $3,339 (PPP: 129th; 2010) GDP by sector Inflation (CPI) Population below poverty line Gini index Labour force Labour force by occupation Unemployment services (55.3%), industry (28.6%), agriculture (16.1%) (2010) 9.44% (June 2011) 37% (2010) 36.8 (List of countries) 478 million (2nd; 2010) agriculture (52%), industry (14%), services (34%) (2009 est.) 9.4% (200910) 8.5% (2010-11) $1,265 (nominal: 138th; 2010)

India has one of the world's fastest growing automobile industries. Shown here is the Tata Nano, the world's cheapest car.

As of 2010, India imported about 70% of its crude oil requirements. Shown here is an ONGC platform at Mumbai High in the Arabian Sea, one of the few sites of domestic production.

A map showing the global distribution of Indian exports in 2006 as a percentage of the top market (USA - $20,902,500,000).

Trade blocs
Asia Pacific Trade Agreement (APTA). Asia-Pacific Economic Co-operation (APEC). Association of Southeast Asian Nations (ASEAN). Closer Economic Partnership Arrangement (CEPA). Arab League. Commonwealth of Independent States (CIS) South Asian Association for Regional Cooperation (SAARC). South Asia Free Trade Agreement(SAFTA).

Economic sectors Primary: The main agricultural products in Asia include rice and wheat. Opium is one of major cash crops in Central and Southeast Asia, particularly in Afghanistan, though its production is prohibited everywhere. Forestry is extensive throughout Asia except Southwest and Central Asia, with many of the items of furniture sold in the developed nations made out of Asian timber. Fishing is a major source of food, particularly in Japan.

Secondary:
The manufacturing sector in Asia has traditionally been strongest in the East region - particularly in China, Taiwan, Japan, South Korea and Singapore. The industry varies from manufacturing cheap low value goods such as toys to high-tech added value goods such as computers, CD players, Games consoles, mobile phones and cars.

Major Asian manufacturing companies are mostly based in either South Korea or Japan. They include Samsung, Hyundai, LG, and Kia from South Korea, and Sony, Toyota, Toshiba, and Honda from Japan.

From above information, graphs and statistics, it can be said that Asia is belonged the 21st century in business & economy.

Politics & Wars

According to the trend the USA wants to dominate the Asia. It is successful in LDC countries. But in some powerful countries like India & China they dont. In middle east, they are trying to capture the market for getting their oil resources.

Some mentionable political issues in the starting of 21st century

2001: Al-Qaeda terrorists hijacked 4 commercial airliners and crashed 3 of them into the World Trade Center and the Pentagon in the United States on September 11, killing nearly 3,000 people. The United States subsequently declared a War on Terrorism.

2001present: The U.S. and NATO invaded Afghanistan on October 7, 2001 and overthrew the Al-Qaeda-supportive Taliban government. Troops remained to install a democratic government, fight a slowly escalating insurgency, and to hunt for Al Qaeda leader Osama bin Laden who was shot dead by U.S Troops, after more than 10 years, on the 1st May 2011.

2002: A series of bombings carried out by Islamic militants killed 202 people at the resort of Kuta, Bali, Indonesia on October 12.

2003present : In February 2003, a conflict in Darfur, Sudan began and soon escalated into full-scale war. It is soon considered the worst humanitarian crisis in the world. By 2008 it is believed that up to 400,000 people have been killed and over 2.5 million displaced. In 2005, the ICC decided that Darfur war criminals would be tried, and on July 14, 2008, Sudanese president Omar al-Bashir was charged with 5 accounts of crimes against humaninty and 2 accounts of war crimes, although the ICC currently has no power to enforce these charges.

 2005 Israel withdrew from the Gaza Strip on September 11. 2006 On July 11, bombs planted on the train system in Mumbai exploded, killing 209 people. 2007 A civil war escalated in the Gaza Strip throughout June,

2011 : The Leader of Al Qaeada, Osama Bin Laden, is killed in a raid on his compound in Abbottabad, Pakistan by Seal Team 6 of U.S military Special Forces on the evening of May 1, 2011.

2011 On the 14th of July South Sudan becomes a member of the United Nations

Education, Science & Technology

Though the educational situation overall is not better than some of the other continents but it is improving gradually. The trend says that in 21st century Asia will dominate the technology of the world. The technological development of China, Japan & India is admirable.

The educated Asians are employing in the developed countries. Not only that they also study there through scholarships which they got proving their talent. Again, there are many entrepreneurs & NRs there from Asia.

Subscribers of internet

2006 North Korea conducted its first nuclear test on October 9. 2009 North Korea tests a second nuclear device. It has also developed their space shuttle projects.

The Peoples Republic of China completed two major milestones in space exploration during the 21st century so far with a manned space launch and EVA in 2004, 2007, 2008.

 Comparison of Indian carrier rockets. Left to right: SLV, ASLV, PSLV, GSLV, GSLV III. The Indian Space Research Organisation's Chandrayaan-1 is launched on October 22, 2008. India becomes the fourth nation to reach the moon.

2009 - Iran launches it's first satellite, Omid on 2 February. 2009 - The Indian Space Research Organisation discovers water on the Moon. 2008 Japanese scientists create a form of artificial DNA. Mobile phone usage approaches nearly 72% in Asia.

Natural disasters
2001: Gujarat Earthquake - An earthquake in Gujarat, India on January 26, 2001 killed approximately 20,000. 2003: Bam earthquake - An earthquake in Bam, Iran on December 27, 2003 killed more than 26,000.

2005: Kashmir earthquake An earthquake in Kashmir on October 8, 2005, killed at least 74,500 in India and Pakistan

Asian Tsunami: On December 26, 2004, a massive undersea earthquake resulted in a massive tsunami striking southeast Asia killing approximately 230,000.

2008 Sichuan earthquake - An earthquake between 7.9 and 8.0-magnitude struck Sichuan, China on May 12, 2008, killing 68,712, 17,921 missing. 2010 Haiti earthquake - At least 230,000 are killed in Haiti after a massive earthquake on January 12, 2010. As of late February 2010, the death toll is expected to rise. Three million people were made homeless. 2011 Thoku earthquake and tsunami - On March 11, 2011, a catastrophic undersea earthquake of magnitude 9.0 occurred offshore of eastern Japan, the greatest in the country's history and created a massive tsunami which killed over 15,000;

Sports
2008 Summer Olympics were held in Beijing, China. 2010 Summer Youth Olympics were held in Singapore. 2018 Winter Olympics Will be held in Pyeongchang, South Korea

2007 Twenty20 World Cup - Won by the Indian cricket team.

2009 Twenty20 World Cup - Won by the Pakistan cricket team. 2011 Cricket World Cup - Won by the Indian cricket team

Standard of Living
Though the standard of living in Asia is below than Europe or America but it will be improved in this century.

Issues & concerns

Globalization Overpopulation Abortion Gay rights. Poverty.

There is a proverb: The morning tells what will be the result of Evening. So, the present situation of Asia will lead in the future. The great leader Mahatma Gandhi predicted: Now, Soviet Union is the global leader. Next will be America & then will be my India. So, last of all we can strongly say that, 21st century belongs to ASIA.

Thank You All For Attending The session