CHINA, INC.

CHINA, INC.

1. THE WORLD SHRINKS AS CHINA GROWS

   • China is powered by the world´s most rapidly changing large economy
     • China has also become the world´s largest maker of consumer electronics
       • China has between 100 and 160 cities with populations of one million or more
     • There are giant capital flows from industry to China now. It`s where the world is investing
     • Chine tried mightily and tragically yo leapfrog form an agrian economy to an advanced industrial state under Mao Zedong
   • It is influencing our lives as consumers, employees, and citizens
     • The words ¨made in China¨ are as universal as money
     • Now China´s one-fifth of humanity must be seen anew: as the biggest market ever.
   • China is ascending into biotech and computer manufacturing

2. THE SURPRISED WORKFORCE

   • China is not home to the cheapest workforce in the world
     • Even at twenty-five cents an hour
     • Chinese workers cost more than laborers in the poorer countries of Southeast Asia or Africa
       • Children carry rifles and walk minefields for less than a dollar a day
   • China offers the world`s manufacturers a reliable a reliable, docile, and capable industrial work force, groomed by government
   • The other great influence is the migration of peasants from the countryside
     • Its the largest in human history

3. WHAHT AMERICAN WORKERS AT THE HARLEY MOTORCYCLE PLAN KNEW

   • China affects on the world are so great
   • China is the World´s factory floor and it is the world`s greatest market opportunity
     • China`s industrial economy might saps opportunities from the developing world
       • its hungry economy pulls poorer countries upward

4. WHAT THE NUMBERS TELL US-AND WHAT THEY DON`T

   • China´s economy had been underestimating its since 1993
     • The economy of the united states is roughly six times the size of China
   • China`s central planners are increasingly directing development founds more aggressively to locales officially designated as poverty zones.
     • Depressed provinces work to hold on to their abel even if business is starting to percolate
   • China´s ranking may also be too low because China pegs its currency to the dollar
     • China uses the massive power to keep the world price of the yuan marching lockstep with the dollar
   • China`s 1.98 trillion dollars economy
     • Over he last twenty five years, China`s economy has grown so fast and so large
       • Every time, the worst predicted for China´s economy
       • Since China set about reforming its economy a generation ago, it has grown at an oficial rate of 9.5 percent
   • Latin America os often seen as China`s rival in low cost manufacturing

5. FOLLOW THE MONEY

   • One big reason China is growing is that the world keeps feeding it capital
   • One third of China´s industrial was put in place by the half a trillion dollars of foreign money
   • With money comes knowledge