China Economy essays

China Economy essays China is the largest of all Asian countries and has the largest population of any country in the world. It consists of an area of 3,691,500 square miles (9,560,900 square kilometers), which is approximately on- fourteenth of the land area of the world. Among all the countries of the world, China has a land area greater then the United States or Brazil but smaller than Canada and the Soviet Union. Its population stands at 1.284.056.407 people that are approximately one fifth of the worlds total population. In the year 2002, China has had a birth rate of 14,991,490 people. That would explain the growth rate being below 1.25 percent between 1990 and 2000 thanks to its family planning policy. By 2002, China aims to keep its population at approximately 1.33 billion people. In the year 2010 at 1.4 billion people and 1.6 billion people at the middle of next century. The establishment of the communist government was put into place in the year 1949 which marked the beginning of a new era and created a new pattern of political geography. The number of young jobless people in cities has risen nearly 20 percent in the past two years which indicates a sever unemployment situation in China. The government used to blame structural flaws for worsening unemployment, which is still exercising mostly on middle-aged workers with few skills and little education. Prior to the Communist takeover in 1949, only 20% of the Chinese people could read. Today the literacy rate is close to 78% of the population. The Chinese educators stress science and math to close the countrys gap in advanced technologies. Chinas total imports and exports in 2001 equaled 509.8 billion U.S dollars, which is a 7.5 percent increase from 2000. Chinas export growth in 2001 was only 6.8% which is the lowest since 1997 due to the world economic slow down from September 11th. Because of the Chinese yuan being the most stable currency in the ...