This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: 85% of goods in wal-mart made in china Moving quickly to biotech, aerospace There is no alternative to Chinese goods, where else are you going to get this stuff so cheap? GDP 1978 c. $100 billion 2010 c. 4.9 trillion ($8.8 trillion PPP) vs. USA - $14.2 trillion 2009 A Slow Year for China 8.7% o Chinas Trade Growth o Trade Surplus with United States - exports more than it imports, particularly large with the us 1990 $10 billon 2007 $250+ billion Chinas Currency Reserves (c. $2 trillion) Chinas Oil Consumption ( vs. USA ) o Needed to continue the industrial revolution China CO2 Emissions Chinese Military Spending Infrastructure (Physical, Technological, Human) o The Three Gorges Damn o Shanghai Skyline...
View Full Document
This note was uploaded on 11/27/2011 for the course HIST 128 taught by Professor Nelson during the Fall '08 term at UNC.
- Fall '08