Old Town

Topics: Gross domestic product, United States, European Union Pages: 4 (1204 words) Published: March 26, 2013
Power of China Shifting the World
Americans Are Convinced That China Is the Most Powerful Economy in the World, said an American writer Lisa Mahapatra in her report in Business Insider on Feb. 28, 2013. My talk today will deal with, ‘Power of China Shifting the World’, most powerful economic country. How many of us know about China?  Or had you ever go to China for vacation or honeymoon? Now I will bring you to focus on China Economy. My presentation is split into 3 key areas; start with China profile, Economic overview, and finally Reasons for Chinese Economic Growth. Ladies and gentlemen,

Lisa in her report said, Even though the U.S. economy is roughly twice the size of the Chinese economy, Americans seem to believe that China is more powerful than the U.S. This is according to a recent survey from Gallup.

Twelve years ago, only 10 percent of Americans surveyed by Gallup believed China to be the world's leading economic power. This compares to the 53 percent who picked China this year. Only 32 percent of Americans believing that their home country has the most powerful economy. Japan came in third, with 8 percent of the respondents. The remaining 2 percent chose the European Union, India, or Russia. Meanwhile, "Financial Times" chief economics commentator Martin Wolf says that by the 2020s, China's economy will most likely overtake the United States' as the world's largest. So, why they and most of us, believe, China is powerful in economy now? Let me tell a little bit stories about China. China profile

1) China is the world's most populous country, with a continuous culture stretching back nearly 4,000 years. 2) The data from United Nation stated that, China is the 4th biggest country in the world which is 9,596,960 km2 (square kilometer) 3) Population is over 1.3 billion.

4) Income level, which is 4,238 GDP(gross domestic product) per capita in current dollar. 5) After China change their economy policy from close-door...
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