Sunday, April 1, 2012

Resources. Trade and National Income



China


Resources:

China has natural resources such as

Coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydropower potential (world's largest).

Labor force: 815.3 million (2010 est.)

International trade:

China’s exports partners includes:

US 17.7%, Hong Kong 14.1%, Japan 7.8%, South Korea 4.4%, Germany 4% (2011 est.)

Exports:

$1.898 trillion (2011 est.)

country comparison to the world: 1

$1.578 trillion (2010 est.)

Exports - commodities:
electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment

China’s Imports partner includes:
Japan 11.2%, South Korea 9.3%, US 7%, Germany 5.3%, Australia 4.7% (2011 est.)

Imports:

$1.743 trillion (2011 est.)
country comparison to the world: 3
$1.327 trillion (2010 est.)

Imports - commodities:
electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals

Reserves of foreign exchange and gold:
$3.236 trillion (31 December 2011 est.)
country comparison to the world: 1
$2.895 trillion (31 December 2010 est.)

Exchange Rate




As we look at the graph we can see that Chinese yuan to 1 US dollar is unstable. Currently it is about 6.29 yuan to 1 USD.

National Income Accounts

Investment (gross fixed)
54.2% of GDP (2011 est.
Country comparison to the world: 2

Governmental expenditures as % GDP
: 22.0

Work Cited

"World Factbook." Central Intelligence Agency. N.p., n.d. Web. 1 Apr. 2012. <https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html>.

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