** Econom ic Report of China.

International High School at Lafayette Economic Mr. Joel Shi Ting Liang Hui

4/22/12

Click to edit Master subtitle style

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Population & Currency

Population: 1,338,300,000 people live in China

The

currency of Chinese Yuan and American dollar is 1 USD = 6.5 Chinese Yuan

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Natural Resources & Geography

China

is the third biggest country in the world, and it includes a vest amount of grassland and mountain. Resources of China includes coal, iron, petroleum, gas, mercury, tin, tungsten, vanadium, magnetite, aluminum, lead, zinc and the worlds largest hydropower potential.

Natural

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Infrastructure
The

main infrastructure of China are seaports, railroads, airports, and telecommunications. labor and land costs are often cited as Chinas main competitive advantages. out of every 100 people can have the access to use Internet.

Low 29

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GDP & GDP per Capita

In

2010, the gross domestic product of China was close to 5.9 trillion USD. GPD per capita was about 4,393 USD

The

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Exports
Chinese

main exports are electrical goods and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment. main export partners are US (17.7%), Hong Kong (13.3%), Japan (8.1%), South Korea (5.2%) and Germany (4.1%)

China's

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Imports
In

2010, China imports totaled $921.5 billion. Its main imports are electrical components and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics and organic chemicals. main import partners are Japan (13.3%), South Korea (9.9%), US (7.2%) and Germany (4.9%).

China's

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Trade Balance & Currency Evaluation

The

Current Account Balance of China is $305.4 billion (2010 est.) inflation rate in China was last reported at 6.2 percent in August of 2011. From 1994 until 2010, the average inflation rate in China was 4.25 percent.

The

Socioeconomic Factors
China The

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has a status of upper middle income, with an average income of 4,260 USD. life expectancy of a Chinese is 74 years. 4.3%. has an unemployment rate of

China In

2005, about 95% of primary school aged Chinese were enrolled in school.

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THE Environment
China

has a low level of CO2 emission of 5.0(metric tons per capita), which was mostly contributed by factories. has achieved some improvements in environment. China is one of the few countries that rapidly increasing their forest cover to reduce its air and water pollution.

China

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Prediction
The

Yuan may probably began to appreciate against the dollar. Chinese Yuan remained a flexible exchange rate. global recession made the economic of China rapidly growth and it helps the world. As a developing country, China still has lots more to work on, but it is one of the strongest among the developing countries.

The

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Sources
- Wikipedia - Education in the People's Republic of China http:// en.wikipedia.org/wiki/Education_in_the_People's_Republic_of_China

The World Bank

http://data.worldbank.org/

-Trading

Economic China Inflation Rate

http://www.tradingeconomics.com/china/inflation-cpi

-Economic

Watch - China Trade

http://www.economywatch.com/world_economy/china/export-import.html

**Economic Report of China