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A Comparison Between China And The United States

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China is the largest country in the world. You are thinking about marketing your product in their country. Your information must be current (NLT 2008). You are to conduct a Comparative Analysis Between China And The United States. You are to determine the population of China, the mean gross, the gross national product (GNP). It is suggested that you display your information in a table format, however do not for get to cite your source. Many seem convinced that China is at the point of surpassing the U.S. China’s leap from poverty due to the wonderfully successful market reforms introduced in 1978 has obscured serious weaknesses in its economy, especially compared to the American economy.
These weaknesses have been exacerbated by renewed …show more content…

remember its strengths and recognize profound Chinese weaknesses. America can and should win the economic competition. In contrast, a China on a more sustainable course benefits everyone, including the U.S. has a larger economy despite a smaller labor force. At the time of GDP convergence, the average American’s income will still be more than four times greater than that of the average Chinese. The current population of the United States of America is 326,002,603 as of Thursday, April 20, 2017, based on the latest United Nations estimates. The current population of China is 1,387,056,928 as of Thursday, April 20, 2017, based on the latest United Nations estimates. The U.S. Census Bureau reported in September 2014 that: U.S. real (inflation adjusted) median household income was $51,939 in 2013 versus $51,758 in 2012, statistically unchanged. In 2013, real median household income was 8.0 percent lower than in 2007, the year before the latest recession. China's per capita income in 2008 was equivalent to$3,180.The Gross Domestic Product (GDP) estimates based on Purchasing Power Party totaled $7.8 trillion. Owing to this, China became the second-largest economy in the world. The Gross Domestic Product (GDP) in the United States was worth 18036.65 billion US dollars in 2015. The …show more content…

Consumer prices in Hong Kong fell by 0.1 percent year-on-year in February 2017, compared to a 1.3 percent rise in the previous month. It is the first decrease since August of 2009 due to several factors: difference in the timing of the Lunar New Year, which fell in late January this year but in early February last year; high base of comparison a year earlier when prices of basic foodstuffs surged because of bad weather conditions and downward adjustment in electricity charges. The Hong Kong Monetary Authority raised the base rate by 25 basis points to 1.25 percent on March 16th, 2017, tracking a similar move by the US Federal Reserve as its currency is pegged to the US dollar. Policymakers also said capital outflows will not pose challenge for the economy. The USDHKD increased 0.0011 or 0.01% to 7.7747 on Thursday April 20 from
7.7736 in the previous trading session. Historically, the Hong Kong Dollar reached an all-time high of 8.70 in September of 1983 and a record low of 4.60 in March of 1978. Consumer prices in Japan rose 0.3 percent year-on-year in February of 2017, compared to

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