With the aid of globalisation, China has grown from the bamboo thickets into powerful dragon in the middle of world.

1. CHINA

2. Presentation Outline
1. China’s Economic Trends
2. Impacts of Globalisation in China
3. Impacts of China’s growth on DCs
4. Impacts of China’s growth on LDCs
5. Impacts of China’s growth on Singapore

3. CHINA’S
economic
TRENDS

4. 9.2%
a year
for the past thirty years

5. in the next15years
predicted growth
at 7%
Source: The National Bureau of Statistics of China

6. AVERAGE G
income per head
IN
is
$4000RIS
and it is still
Source: The World Bank

7. Gross Domestic Product Growth
!

8. !

9. !
Source: http://www.indexmundi.com/blog/index.php/category/china/

10. IMPACTS
of globalisation
inCHINA

11. ECONOMIC
IMPACT

12. Foreign exchange reserves are now largest in the world
Economy increased tenfold in 1978 and by 2005
GDP rose from 778 billion yuan to 33 trillion yuan, or
by 42 fold

13. Change in spending on necessities to recreational item
Change of people’s aspirations from owning a bicycle to
owning a car
In 2010, Lamborghini sales tripled in China to 247 cars,
Rolls-Royce's rose 146% to 678 cars

14. SOCIAL
IMPACT

15. Ongoing Poverty
The rich is getting richer
800 millions farmers still live in
poverty

16. environmental
IMPACT

17. Increased concern on environmental
pollution
Launched 20 projects worth $12.2 billion to
improve Beijing’s environment
Set up 20 natural reserves to protect
forests

18. Required vehicles to meet EU emissions
standards
Phased out ozone-depleting substances
Use of water- or air-source heat pump
systems

19. Beijing hosted 2008 Olympics Games
Number of tourists in Beijing has risen rapidly
TOURISM Number of hotels has also jumped in recent
years

20. Urban Renewal
Spent $200 millions on demolishing dilapidated
URBAN housing and refurbishing 25 historic areas
Spent $1.1 billions on transportation

21. IMPACTS
ofCHINA’S
growthonDCs

22. POSITIVE
Creation of more jobs
Benefits from FDI of China
Prevent the world economy from sliding
down too drastically

23. NEGATIVE
Over-expansion and an overheated economy
Competes with TNCs of DCs for resources
Rise in cost of production and shipping

24. IMPACTS
ofCHINA’S
growthonLDCs

25. POSITIVE
Creation of jobs
Improved infrastructure
Increased in direct investments and
volume of trade

26. NEGATIVE
China’s goods flood African market
Undermined attempts to enhance transparency
and better governance
Economic pressure pulled in different direction

27. IMPACTS
ofCHINA’S
GROWTHON
SINGAPORE

28. POSITIVE
Increase in tourism revenue
Increased volume of Singapore’s
investment
Increased demand for auto parts and
components

29. NEGATIVE
Safety concerns over some Chinese-made products
Potential competitor in the global market
Increasing demand for raw materials
can cause inflation

30. THEEND

31. References
http://www.aasc.ucla.edu/uschina/econ_whatsahead.shtml
http://www.aasc.ucla.edu/uschina/econ_whobenefits.shtml
http://www.livemint.com/2010/07/16210008/Chinese-
growth8217s-global.html
http://www.chinadaily.com.cn/china/2011-01/31/
content_11942339.htm
http://www.globalsalesguys.com/wordonthestreet/?p=496