By Deiadra D Swartz
Jeppesen Sanderson Inc
World Trade Center Denver
Metro State University, Denver
13 March 2014
© 2014 Left Brain Right Brain LLC
1. Emerging and Expanding Markets
2. China and the World Trade
Organization
3. Industry, Culture, and Investment
4. Amazing Facts, Interesting Trends,
and Why They Matter
 Global transactions
 Manufacturer turned designer of
technology
 Tourism
 Environmental engineering
 World’s second largest and fastest
growing economy
 Manufacturing
 Huge domestic market of middle
class consumers, increasing
disposable income
 Steel and shipbuilding
 Member of the World Trade
Organization since 11 December
2001
 China World Trade Corporation is
a member of the World Trade
Center Association and has
established World Trade Center
Clubs in major cities
 Cheap labor compared to US and
Europe, and different standard of living
 75% of Chinese report environmental
problems as threat to China’s security,
over health and economy
 Transformation in the areas of military
modernization, economic growth,
urbanization, and political influence
 Mandarin is the most widely spoken
language in the world with 850 million
native speakers
 Diverse ethnic backgrounds with 9 out
of 10 citizens categorized as Han
Chinese
 Approximately 10 million speak English
 Invented kites 3000 years ago and
soccer (football) over 2000 years ago
 Invented noodles 4000 years ago
 Invented porcelain, ice cream, toilet
paper, tea drinking, gunpowder, papermaking, crossbow, martial arts, hot air
ballooning, and the compass
 Invented the first seismometer
 Technology development and
services intend to augment
manufacturing
 Policies favor multinational
strategic partners and overseas
investment
 India competes for the same
foreign investment
 World’s biggest energy consumer,
projected to increase demand by 75%
by 2035
 Top consumer and producer of coal
which is 70% of its energy supply
 Three Gorges Dam is 5 times larger
and generates 20 times more power
than Hoover Dam
 Leader in wind power
 World’s biggest producer of carbon dioxide
and largest investor in low carbon energy
 Home to 20 of the 30 most polluted cities
and is leading the clean economy race
 50% of land is arid or semi-arid and
agricultural output is decreasing
 World's leading renewable energy
producer
 35 Million people live in caves
 Traffic jam “stand-ins”: motorbike will
take you while another driver takes
your car to your destination
 World’s largest shopping malls: South
China Mall in Dongguan, and Golden
Resources Mall in Beijing
 World’s largest consumer and
producer of pork and rice
 Macau produces the world’s most
gambling revenue
 World’s biggest beer market, and
6th largest wine production
 Largest producer and importer of
cotton
 Largest producer of steel
 Produces 95% of the world’s rare
earth minerals
 Produces half of the world’s flat glass
and cement
 Largest producer of gold
 Between 2000 & 2007, exports
increased 490% and imports increased
425%
 Since 1978, economy has doubled in size
every eight years
 Economic output grew 9.6% per year
between 1978 and 2005
 Owns 25% of US Treasury Bonds and is
the largest creditor in the world
 Second largest recipient of
Foreign Direct Investment
 World’s top exporter, with 20%
going to the United States
 Six of the world’s largest
container ports are in China
 Some of the highest software piracy
rates in the world
 Second largest market for computer
hardware and eighth in software sales
 90% of DVDs sold in China are illegal
copies
 79% of counterfeit and pirated goods
seized by US Customs are of Chinese
origin
 98% of banking assets are state-
owned
 Between 2000 and 2009, private
business enterprises grew by more
than 30% per year
 Private firms account for approx.
75% of profit in industry and 90%
of profit in financial services
According to National Geographic (2008):
 70% of the world’s umbrellas are made in China
 60% of the world’s buttons are made in China
 9% of Chinese goods sent to the U.S. end up on
Wal-Mart’s shelves
 72% of U.S. shoes were made in China
 85% of all U.S. artificial Christmas lights are made
in China
 50% of U.S. kitchen appliances are made in China
 50% of U.S. toys are made in China
 Largest manufacturing
workforce in the world with 112
million workers
 Average manufacturing worker
makes 81 cents per hour
 World’s largest construction
market
 World’s fastest bullet train (250 kmph
or 155 mph)
 Between 2006 and 2016, 97 new airports
will be opened
 Second largest airliner market
 World’s largest car producer and
consumer
 Highest road death rates in the world
 Greatest number of mobile phone users
with 850 million active accounts (2011)
 World’s fastest supercomputer -- 262
terabytes
 Largest computer market and largest
exporter of electronics
 World’s largest internet population at
450 million (2010), and more than half
use internet cafés
 Second in number of
billionaires
 11 of the top 20 richest selfmade women are Chinese,
including the top 3
 Parliament is 21% women, more
than US Congress
 8 out of 10 companies (80%)
have women senior managers,
compared to 20% in the US
 Largest source of outbound
tourists (2012)
 World’s third leading travel
destination
 Chinese tourists in the US
spend more than visitors from
any other country
 China is the most significant and
fastest growing economy in the world.
 Strategic alliance and further trade
cooperation with China will be
mutually beneficial.
 China can serve as the foundation for a
successful career in international
business.
Deiadra D Swartz
World Trade Center Denver