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8/10/2019 PGA Proj Group 7 US vs. China (1)
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8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China Area:
total: 9,826,675 sq km country comparison to the
world: 3 land: 9,161,966 sq km
water: 664,709 sq km
note:includes only the 50states and District ofColumbia
Area:
total: 9,596,961 sq km country comparison to the
world: 4 land: 9,569,901 sqkm
water: 27,060 sq km
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=4https://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2147rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China Population:
307,212,123 (July 2009 est.) country comparison to the
world: 3
Population:
1,338,612,968 (July 2009 est.) country comparison to the
world: 1
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China Literacy:
definition: age 15 and over canread and write
total population: 99%
male: 99%
female: 99% (2003 est.)
Literacy:
definition: age 15 and over canread and write
total population: 90.9%
male: 95.1%
female: 86.5% (2000 census)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US ChinaHousehold income or
consumption by percentageshare:
lowest 10%: 2%
highest 10%: 30% (2007 est.)
Household income orconsumption by percentage
share: lowest 10%: 3.5%
highest 10%: 15%
note:
data are for urbanhouseholds only (2008)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US ChinaLabor force:
154.1 million (includesunemployed) (2009)
country comparison to theworld: 4
Labor force:
812.7 million (2009 est.) country comparison to the
world: 1
Labor force - by occupation:
agriculture: 39.5%
industry: 27.2%
services: 33.2% (2008 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2095rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China
Unemployment rate: 9.3% (2009 est.)
country comparison to theworld: 109
5.8% (2008 est.)
Unemployment rate: 4.3% (September 2009 est.)
country comparison to theworld: 38
4.2% (December 2008 est.)
note:official data for urban areas only;including migrants may boost totalunemployment to 9%; substantialunemployment and underemploymentin rural areas
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=109https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=38https://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=38https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2129rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=109https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China
Inflation rate (consumerprices):
-0.7% (2009 est.)
country comparison to theworld: 13
3.8% (2008 est.)
Inflation rate (consumerprices):
-0.8% (2009 est.)
country comparison to theworld: 9
5.9% (2008 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=13https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=9https://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=9https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2092rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=13https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China
GDP (purchasing power parity):
$14.26 trillion (2009 est.)
country comparison to theworld: 2
$14.61 trillion (2008 est.)
$14.55 trillion (2007 est.)
note:data are in 2009 US dollars
GDP (purchasing power parity):
$8.789 trillion (2009 est.)
country comparison to theworld: 3
$8.086 trillion (2008 est.)
$7.418 trillion (2007 est.)
note:data are in 2009 US dollars
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=2https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=2https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=2https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US China
GDP - real growth rate:
-2.4% (2009 est.)
country comparison to theworld: 151
0.4% (2008 est.)
2.1% (2007 est.)
GDP - real growth rate:
8.7% (2009 est.)
country comparison to theworld: 3
9% (2008 est.)
13% (2007 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=151https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2003rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=151https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US ChinaGDP - composition by sector:
agriculture: 1.2% industry: 21.9%
services: 76.9% (2009 est.)
GDP - composition by sector:
agriculture: 10.9% industry: 48.6%
services: 40.5% (2009 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US ChinaBudget:
revenues: $1.914 trillion expenditures: $3.615 trillion
(2009 est.)
Budget:
revenues: $972.3 billion expenditures: $1.137 trillion
(2009 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US ChinaReserves of foreign exchange
and gold:
$NA (31 December 2009 est.)
$77.65 billion (31 December2008 est.)
Reserves of foreign exchangeand gold:
$NA (31 December 2009 est.)
$77.65 billion (31 December2008 est.)
https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 PGA Proj Group 7 US vs. China (1)
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US ChinaExports: $994.7 billion (2009 est.) country comparison to the world: 4 $1.277 trillion (2008 est.)
Exports - commodities:agricultural products (soybeans, fruit, corn)9.2%, industrial supplies (organicchemicals) 26.8%, capital goods(transistors, aircraft, motor vehicle parts,computers, telecommunicationsequipment) 49.0%, consumer goods(automobiles, medicines) 15.0%
Exports - partners: Canada 20.1%, Mexico 11.7%, China 5.5%,
Japan 5.1%, Germany 4.2%, UK 4.1% (2008)
Exports: $1.194 trillion (2009 est.)
country comparison to the world: 2 $1.429 trillion (2008 est.)
Exports - commodities:electrical and other machinery,including data processing equipment,apparel, textiles, iron and steel, optical
and medical equipment
Exports - partners: US 17.7%, Hong Kong 13.3%, Japan
8.1%, South Korea 5.2%, Germany4.1% (2008)
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US ChinaImports: $1.445 trillion (2009 est.) country comparison to the world: 2 $2.117 trillion (2008 est.)
Imports - commodities:agricultural products 4.9%, industrialsupplies 32.9% (crude oil 8.2%), capitalgoods 30.4% (computers,telecommunications equipment, motor
vehicle parts, office machines, electricpower machinery), consumer goods 31.8%(automobiles, clothing, medicines,furniture, toys)
Imports - partners: China 16.4%, Canada 15.7%, Mexico 10.1%,
Japan 6.6%, Germany 4.6% (2008)
Imports: $921.5 billion (2009 est.) country comparison to the world: 4 $1.131 trillion (2008 est.)
Imports - commodities:electrical and other machinery, oil andmineral fuels, optical and medicalequipment, metal ores, plastics, organicchemicals
Imports - partners: Japan 13.3%, South Korea 9.9%, Taiwan
9.2%, US 7.2%, Germany 4.9% (2008)
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US ChinaOil - production: 8.514 million bbl/day (2008 est.) country comparison to the world: 3
Oil - consumption: 19.5 million bbl/day (2008 est.) country comparison to the world: 1
Oil - exports: 1.433 million bbl/day (2008 est.) country comparison to the world: 16
Oil - imports: 13.47 million bbl/day (2008 est.) country comparison to the world: 1
Oil - proved reserves: 21.32 billion bbl (1 January 2009 est.) country comparison to the world: 12
Oil - production: 3.795 million bbl/day (2008) country comparison to the world: 4
Oil - consumption: 7.999 million bbl/day (2008) country comparison to the world: 3
Oil - exports: 388,000 bbl/day (2008 est.) country comparison to the world: 32
Oil - imports: 4.393 million bbl/day (2008) country comparison to the world: 4
Oil - proved reserves: 15.55 billion bbl (1 January 2009 est.) country comparison to the world: 13
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e=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2173rank.html?countryName=China&countryCode=ch®ionCode=eas&rank=4https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=China&countryCode=ch®ionCode=eashttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2178rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=12https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2175rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2176rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=16https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2174rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=1https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/rankorder/2173rank.html?countryName=United%20States&countryCode=us®ionCode=na&rank=3https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=nahttps://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html?countryName=United%20States&countryCode=us®ionCode=na8/10/2019 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GDP US vs. GDP China
Year Mar Jun Sep Dec Average
2009 -6.40 -0.70 2.20 5.60 0.18
2008 -0.70 1.50 -2.70 -5.40 -1.83
2007 1.20 3.20 3.60 2.10 2.53
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GDP US vs GDP China The Gross Domestic Product (GDP) in the United States expanded at an
annual rate of 5.60 percent in the last quarter.
The Gross Domestic Product (GDP) in China expanded at an annual rate
of 10.70 percent in the last quarter.
The United States Gross Domestic Product is worth 14204 billion dollars
or 22.91% of the world economy, according to the World Bank.
China Gross Domestic Product is worth 4326 billion dollars or 6.98% of
the world economy, according to the World Bank.
The economy of the United States is the largest in the world.
China's economy is the second largest in the world after that of the United
States
The United States is a market-oriented economy where private
individuals and business firms make most of the decisions.
China's economy has changed from a centrally planned system that was
largely closed to international trade to a more market-oriented that has a
rapidly growing private sector.
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GDP US
DESPITERECENTGROWTH, US RECOVERYISSTILLWEAK
In the fourth quarter of 2009, the United States economy
expanded at an annualized rate of 5.9%
Growth was mainly due to inventory rebuilding and the recent
economic expansion maybe short lived
Households demand is necessary to elevate production levels
and the poor condition of the labor market is having a negative
impact on the recovery pace
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Contd.. The US economy has lost 7.3 million jobs since therecession began in December 2007
The job creation promise made by many politicians is not
working because the unemployment rate is the highest in
26 years
The biggest fiscal deficit on record combined with the
anticipation of low interest rates for a long time is
discouraging investors from depositing money in the
United States
The US government deficit is likely to reach 10.6% of
GDP in 2010
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Contd.. Chinas growth in 2009 was largely a result of 4 trillion
yuan stimulus package directed mostly to infrastructure
projects and lending
China's wide M2 measure of money supply and fixed asset
investments grew almost 30% year on year Putting a lot of cash into an economy during a slowdown
may stop job losses and stimulate growth
China has been keeping the value of its currency yuan
pegged to the US dollar at very low levels The trade-weighted value of Yuan also declined, making
foreign goods more costly in China
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CHINA China -11.2% annually in the period 2005-2008.
In 2008, however, mainly due to decreased export demand anddeclining real estate investment, Chinas GDP growth sank to 9.0%
Stimulus package and the accompanying rise in short-term credit ( including a 4-trillion yuan investment
package, tax cuts, and consumer subsidies to shore upgrowth and employment).
More government investment came to infrastructure,scientific research and public service.
Meanwhile, the government shifted from a tight monetary
policy in 2008 to the moderately easy monetary policy in2009 to help the national economy counter adverseimpacts of the financial crisis.
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US EXPORT OVERVIEW U.S. exports of goods and services fell by 16.4% in January
2009 to $124.9 billion since January 2008, while importsdeclined 22.8% to $160.9 billion over the same period.
In January 2009, the U.S. goods and services trade deficit($36.0 billion) was the lowest monthly deficit since October2002. This led to a 39.1% improvement in the goods andservices deficit when compared to January 2008.
The monthly goods and services trade deficit has declinedfor the sixth consecutive month from the $62.5 billion deficitrecorded in July 2008 to the $36.0 billion recorded in January2009.
Exports comprised 13.0% of U.S. GDP in 2008. To put inhistorical terms, exports were 9.5% of U.S. GDP five yearsearlier (2003), and 5.3% 40 years ago (1968).
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CHINA EXPORT-IMPORT
Exports of China Imports of China Computers US$28.3 billion, up 13%
(9.5% of exports)
Other household goods $27.1 billion,down 1.5% (9.1%)
Toys and sporting goods $25.1 billion,down 14% (8.5%)
Computer accessories $22.1 billion,down 18.3% (7.4%)
Video equipment $15.1 billion, down0.1% (5.1%)
Cotton apparel and household goods $14.45 billion, up 8% (4.9%)
Other apparel and household goods$14.38 billion, down 6% (4.9%)
Telecommunications equipment $11.8billion, down 18.8% (4%)
Furniture and household items $11billion, down 17.2% (3.7%)
Leather or rubber footwear $10.97billion, down 5.7% (3.7%).
Soybeans US$9.2 billion, up 26.9%(13.2% of imports)
Civilian aircraft including parts $5.3billion, up 36.6% (7.7%)
Semiconductors $5.2 billion, down20.3% (7.4%)
Plastic materials $3.6 billion, up 17.3%(5.2%)
Steelmaking materials $2.7 billion, up40% (3.9%)
Pulpwood $2.5 billion, up 12% (3.6%)
Other industrial machines $2.4 billion,
down 15.9% (3.4%) Organic chemicals $2.1 billion, up
16.3% (3%)
Copper $2 billion, down 19.6% (2.8%)
Measuring, testing and control instruments $1.5 billion, down 7.2% (2.2%).
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For the first time in 6 years China faces a tradedeficit of $7.2 billion.
The countrys trade surplus had slid 34.2% to $196billion in 2009, down by $100 billion compared to theprevious year.
The diminishing surplus signals that trade may be adrag on Chinasexpansion, a contrast with the U.S.,where net exports contributed more to growth in thepast two years than any time since the 1940s.
Since it is the world's leading importer, there aremany U.S. dollars in circulation all around the planet.China owns an estimated $1.6 trillion of U.S. securities.
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HDI- Ranking of US and China The Human Development Index is calculated using various indicators for quality of life, such as
health indicators and access to healthcare services, life expectancy at birth, nutrition levels,education and literacy levels, access to basic needs such as water and sanitation, and so on. It also
takes into account GDP per capita in terms of Purchasing Power Parity and percentage of the
Population living below the poverty line.
Countries high on the Human Development Index tend to have annual population growth rates of
1 percent or less, high urban population percentages (65 percent and up) and balanced percentages
of people under 15 and over 65 years of age. Those low on the index tend to have annualpopulation growth rates of 1.5 percent or higher, less than 35 percent of the population in urban
areas, and an under-15 population that greatly outnumbers those above 65 years (in most cases,
more than 10 times as many.)
SOURCE: Human Development Report 2009 - HDI rankings, UNDP
COUNTRY HDI
Rank
China 92 Medium Human Development
U.S.A 13 Very High Human Development
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Factors of Competitiveness ( China) GDP Real Growth Rate
9.8% ( 2008)
13% (2007) 11.6 (2006)
GDP Per capita(Purchasing Power Parity)
$6000(2008)
$5500(2007)
$4900(2006)
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Significance of Competitive Factors (China)
highly successful in capturing WORLD Export Market.
Undervalued Exchange Rate Extremely Low Labour Cost
Products that meet world market specifications.
High Savings and Investment
Foreign Direct Investment: major source of Chinas
Capital Growth.
Increase Productivity
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Significance of Competitive Factors (US)
High unemployment
a weak housing market and budget deficits of bothlocal and state governments
Weak Consumer Spending
Fiscal deficit on record combined with the anticipation
of low interest rates for a long time
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