Team ChinaTeam China

October 22, 2012Dawn Birth, Theodore Schoeppey,

Spenser Wallace

Map of ChinaMap of China

Coordinates: 3500 N 10500 E 3500 N 10500 E

Interesting Facts Interesting Facts

Capital: BeijingCapital: Beijing

44thth Largest After Russia, Canada, & U.S. Largest After Russia, Canada, & U.S.

Tropical in South & Sub-Arctic in North Tropical in South & Sub-Arctic in North

Boasts Tallest Peak Mount Everest Boasts Tallest Peak Mount Everest

Business Meeting TipsBusiness Meeting Tips

Learn Common Chinese Expressions Like Learn Common Chinese Expressions Like Hello, Thank You, & GoodbyeHello, Thank You, & Goodbye

Think Before You Address Someone With Think Before You Address Someone With Their Chinese NameTheir Chinese Name

Meeting/Handout Materials Should be Meeting/Handout Materials Should be TranslatedTranslated

Business Meeting Tips Cont.Business Meeting Tips Cont.

Splitting the Bill is Not DoneSplitting the Bill is Not Done

They Don’t Tip They Don’t Tip

StrengthsStrengths

Economic ReformsEconomic Reforms AgricultureAgriculture IndustryIndustry EnergyEnergy Trade & Foreign InvestmentTrade & Foreign Investment Research & DevelopmentResearch & Development EducationEducation

Economic ReformsEconomic Reforms

In 2010, China Became 2In 2010, China Became 2ndnd in GDP Behind U.S. in GDP Behind U.S.

China is Committed to Economic Reform China is Committed to Economic Reform

Leadership Downsized in Government Red-Leadership Downsized in Government Red-TapeTape

AgricultureAgriculture

Almost 40% of Labor Force is in AgricultureAlmost 40% of Labor Force is in Agriculture

One of the Largest Producers of Rice, Corn, One of the Largest Producers of Rice, Corn, Wheat, Soybeans, Vegetables, Tea, Wheat, Soybeans, Vegetables, Tea, && Pork Pork

Cotton is the Major Non-Food CommodityCotton is the Major Non-Food Commodity

Leading CategoriesLeading Categories

Soybeans Soybeans $11.3 Billion$11.3 Billion

CottonCotton $1.99 Billion$1.99 Billion

Animal Hides & Skins Animal Hides & Skins $822 Million$822 Million

IndustryIndustry

Industry Accounts for About 46.8% of GDPIndustry Accounts for About 46.8% of GDP

Exports Contributed to Income & Exports Contributed to Income & EmploymentEmployment

Preferred Location for the Relocation of Global Preferred Location for the Relocation of Global Manufacturing FacilitiesManufacturing Facilities

The list goes on…The list goes on…

Armaments, Petroleum, Cement, Chemicals, Armaments, Petroleum, Cement, Chemicals, Fertilizers, Consumer Products including Fertilizers, Consumer Products including Footwear, Toys, Electronics, Textiles & Footwear, Toys, Electronics, Textiles & Apparels, Automobiles & Other Apparels, Automobiles & Other Transportation Equipment including Rail Transportation Equipment including Rail Cars, Locomotives, Ships & Aircraft, Cars, Locomotives, Ships & Aircraft, Telecommunications Equipment, Commercial Telecommunications Equipment, Commercial Space Launch Vehicles, & Satellites… Space Launch Vehicles, & Satellites…

EnergyEnergy

55thth Largest Energy Producer in the World Largest Energy Producer in the World

Largest Producer & ConsumerLargest Producer & Consumer of Coalof Coal

Estimates Reducing Reliance on Foreign Estimates Reducing Reliance on Foreign Technology to Less Than 30% in 2020Technology to Less Than 30% in 2020

Trade & Foreign InvestmentTrade & Foreign Investment

Export Growth Plays an Important Role in Export Growth Plays an Important Role in Rapid Economic GrowthRapid Economic Growth

Foreign-Invested Enterprises Produce About Foreign-Invested Enterprises Produce About Half of China's ExportsHalf of China's Exports

China’s Top Three ImportsChina’s Top Three ImportsFrom U.S.From U.S.

Electrical MachineryElectrical Machinery$11.5 Billion$11.5 Billion

Nuclear Reactors & Related MachineryNuclear Reactors & Related Machinery$11.2 Billion$11.2 Billion

Oil Seeds & Related ProductsOil Seeds & Related Products$11 Billion$11 Billion

Research & DevelopmentResearch & Development

China Boasts a Cheap WorkforceChina Boasts a Cheap Workforce

China Understands the Need to Invest in China Understands the Need to Invest in InnovationsInnovations

Patent Applications Jumped by 18.2% in 2008 Patent Applications Jumped by 18.2% in 2008 & Another 8.5% in 2009& Another 8.5% in 2009

EducationEducation

Education system overtaking Western Education system overtaking Western countriescountries

PISA – the (Program for International Student PISA – the (Program for International Student Assessment) have become the leading Assessment) have become the leading international benchmarkinternational benchmark

WeaknessesWeaknesses

Cheap LaborCheap Labor

How Long Will It Last?How Long Will It Last?

Aging WorkforceAging Workforce

Unhappy WorkersUnhappy Workers

InvestmentsInvestments

Investments Are Not A Sure WinInvestments Are Not A Sure Win

Real Estate InvestmentsReal Estate Investments

Higher EducationHigher Education

Education Is For The EliteEducation Is For The Elite

Unlikely For Rural Students To Attend CollegeUnlikely For Rural Students To Attend College

Quality Educators Difficult To Keep Due To Quality Educators Difficult To Keep Due To Low WagesLow Wages

PollutionPollution

PollutionPollution

Pollution Is A Massive IssuePollution Is A Massive Issue

Widespread Death And Disease Due To Bad Widespread Death And Disease Due To Bad Water And AirWater And Air

China Holds The Top Two Most Polluted China Holds The Top Two Most Polluted Cities In The WorldCities In The World

DiseaseDisease

3.5 Million People Die Every Year From 3.5 Million People Die Every Year From Cardiovascular Diseases Cardiovascular Diseases

By 2040 That Number Is Predicted To Be 12 By 2040 That Number Is Predicted To Be 12 Million A Year; The Equivalent Of The Entire Million A Year; The Equivalent Of The Entire City Of Little Rock Wiped Out 60 Times A City Of Little Rock Wiped Out 60 Times A YearYear

Little Progress Has Been Made To Stop ThisLittle Progress Has Been Made To Stop This

OpportunitiesOpportunities

According To “Dictionary.com” The Word According To “Dictionary.com” The Word Opportunity Means “ A Situation or Condition Opportunity Means “ A Situation or Condition Favorable For Attainment of A Goal”Favorable For Attainment of A Goal”

OpportunitiesOpportunities

Growth In EconomyGrowth In Economy Middle ClassMiddle Class ConstructionConstruction Going GreenGoing Green AutomobilesAutomobiles

Growth In EconomyGrowth In Economy

GDPGDP

Debt or Lack ThereofDebt or Lack Thereof

Making More = Spending MoreMaking More = Spending More

Middle ClassMiddle Class

How ManyHow Many

More More MoreMore More More

Luxury SpendingLuxury Spending

ContractorsContractors

Why Now?Why Now? PopulationPopulation GrowthGrowth Out With The Old In With The NewOut With The Old In With The New

Designers, Architects, Carpenters And So OnDesigners, Architects, Carpenters And So On

TechnologyTechnology

PollutionPollution

Going GreenGoing Green

InvestmentsInvestments

TransportationTransportation

AutomobilesAutomobiles

Demand > SupplyDemand > Supply

First-Time BuyersFirst-Time Buyers

ThreatsThreats

Ongoing International DisputesOngoing International Disputes

Widespread CorruptionWidespread Corruption

EconomyEconomy

Ongoing International DisputesOngoing International Disputes

Japan and China DisputeJapan and China Dispute

Japan and China Dispute Cont.Japan and China Dispute Cont.

China and Japan Both Claim Two Uninhabited China and Japan Both Claim Two Uninhabited IslandsIslands

China Has Moved In Warships To Show Their China Has Moved In Warships To Show Their Muscle, As Has The U.S.Muscle, As Has The U.S.

TibetTibet

Problem For Problem For

Business?Business?

Widespread Internal CorruptionWidespread Internal Corruption

Political CorruptionPolitical Corruption

Political Or Way Of Life?Political Or Way Of Life?

Problems For New Business Owners Without Problems For New Business Owners Without Ethical DilemmasEthical Dilemmas

Very Difficult To Operate Without BriberyVery Difficult To Operate Without Bribery

Internal Corruption Cont.Internal Corruption Cont.

Businesses Strong-Arming Citizens and Each Businesses Strong-Arming Citizens and Each Other For DominationOther For Domination

Hewan VillageHewan Village

Communication BureauCommunication Bureau

Economy: A Worthy Investment?Economy: A Worthy Investment?

InflationInflation

Massive ProblemMassive Problem

SourcesSourceshttp://siteresources.worldbank.org/INTEAPREGTOPENVIRONMENT/Resources/China_Cost_of_Pollution.pdfhttp://siteresources.worldbank.org/INTEAPREGTOPENVIRONMENT/Resources/China_Cost_of_Pollution.pdf

http://www.china.org.cn/china/2012-http://www.china.org.cn/china/2012-08/11/content_26205246.htm08/11/content_26205246.htm

https://www.cia.gov/library/publications/the-https://www.cia.gov/library/publications/the-world-factbook/world-factbook/

SourcesSourceshttps://www.cia.gov/library/publications/the-https://www.cia.gov/library/publications/the-world-factbook/world-factbook/

http://www.americanprogress.org/issues/china/rephttp://www.americanprogress.org/issues/china/report/2011/02/08/9074/chinas-strengths-and-ort/2011/02/08/9074/chinas-strengths-and-weaknesses-101/weaknesses-101/

http://globaledge.msu.edu/Countries/Chinahttp://globaledge.msu.edu/Countries/China

SourcesSourceshttp://dictionary.reference.com/browse/opportunityhttp://dictionary.reference.com/browse/opportunity

http://geography.about.com/od/populationgeographhttp://geography.about.com/od/populationgeography/a/chinapopulation.htmy/a/chinapopulation.htm

http://money.cnn.com/2012/04/25/news/economyhttp://money.cnn.com/2012/04/25/news/economy/china-middle-class/index.htm/china-middle-class/index.htm

ConclusionConclusion