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•China’s Economic Output - $ 1.6 TrillionChina’s Economic Output - $ 1.6 Trillion

•Expected to triple over next 15 yearsExpected to triple over next 15 years

•Expected to overtake Japan by 2015Expected to overtake Japan by 2015

•Expected to overtake U.S. by 2039Expected to overtake U.S. by 2039

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•China is world’s largest producer of coal, steel China is world’s largest producer of coal, steel and cementand cement

•Worlds second largest consumer of energyWorlds second largest consumer of energy

•Third largest importer of oilThird largest importer of oil

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•China’s exports to USA have grown 1,600 % China’s exports to USA have grown 1,600 % over the past 15 years over the past 15 years

•U.S. exports to China have grown by 415 % U.S. exports to China have grown by 415 % over the same periodover the same period

•World’s fastest growing economyWorld’s fastest growing economy

•World’s second largest holder of World’s second largest holder of foreign-exchange reservesforeign-exchange reserves

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•Starbucks would have more cafes in Starbucks would have more cafes in China in three yearsChina in three years

•China manufactures two thirds of the world’sChina manufactures two thirds of the world’s copiers, microwave ovens, DVD players and copiers, microwave ovens, DVD players and shoes. shoes.

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•Wal-Mart, the worlds largest corporation, Wal-Mart, the worlds largest corporation, imported $ 18 billion worth of goods in 2004imported $ 18 billion worth of goods in 2004

•80 % of Wal-Mart’s suppliers are from China80 % of Wal-Mart’s suppliers are from China

•Cheap imports from China have saved Cheap imports from China have saved American consumers more than $ 600 billionAmerican consumers more than $ 600 billion in the past decade (American Manufactures in the past decade (American Manufactures have profited even have profited even MOREMORE by selling these by selling these imports in USA !!)imports in USA !!)

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•December 1978 - Chinese government decides to December 1978 - Chinese government decides to focus on development and modernization, focus on development and modernization, instead of ideology to guide its policiesinstead of ideology to guide its policies

•Resulted in a 9% growth rate for more than 25 yearsResulted in a 9% growth rate for more than 25 years

•300 million people lifted out of poverty in China in the 300 million people lifted out of poverty in China in the same periodsame period

•Average Chinese person’s income has quadrupledAverage Chinese person’s income has quadrupled

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•The first supermarket opened in China in 1993The first supermarket opened in China in 1993

•By 2003 there were 60,000 supermarketsBy 2003 there were 60,000 supermarkets

•China has 34,000 miles of expressway, China has 34,000 miles of expressway, which is expected to triple 25 yearswhich is expected to triple 25 years

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•In five years, China will produce more In five years, China will produce more Ph.D.s than AmericaPh.D.s than America

•The price of gas is $1.84 a gallonThe price of gas is $1.84 a gallon

•By 2007, Chinese will surpass English By 2007, Chinese will surpass English as the most used language on the internetas the most used language on the internet

•2008 Olympics - Beijing, China2008 Olympics - Beijing, China

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On Oct. 15, 2003 China became the third nation to On Oct. 15, 2003 China became the third nation to independently launch an astronaut into Earth orbitindependently launch an astronaut into Earth orbit

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Chinese BhuddhistsChinese Bhuddhists

12Chinese CatholicsChinese Catholics

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Chinese ChristiansChinese Christians

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Chinese MuslimsChinese Muslims