China has a population
of 1.43 billion and a land area of 3.7 million square miles. Nominal GDP is
$14.2 trillion. GDP Rank #2. Nominal Per Capita GDP is reported at $10,153. Unemployment is 3.97%.
Inflation is 2.3%.
GDP by sector is agriculture
7.9%, industry 40.5%, services 51.6%.Labor force by sector is agriculture
27.7%, industry 28.8%, services 43.5% Labor force is 803.6 million (56%).
Main Industries are
mining, ore processing, iron, steel, aluminum, metals, coal, machine building,
armaments, textiles, apparel, petroleum, cement, chemicals, fertilizer, food,
transportation equipment, automobiles, ships, aircraft, locomotives, rail cars,
telecommunication equipment, space launch vehicles, satellites, consumer
products, footwear and toys. Ease of doing business 47th.
Exports $2.48 trillion
in manufacturing 94.3%, agricultural products 3.2%, fuels and mining 2.4% other
0.1%. sold to US 19.25%, EU 16.43%, ASEAN 12.83%. Hong Kong 12.16%, Japan
5.91%, South Korea 4.37%, India 3.08%, others 26%.
Imports $2.13 trillion
in manufacturing 64.4%, fuels and mining 21.3%, agriculture 9.5%, other 4.8%.
bought from EU 12.82%, ASEAN 12.58%, South Korea 9.58%, Japan 8.45%, Taiwan
8.32%, US 7.24%, Brazil 3.63%, Russia 2.77%, others 34.6%.
Government revenue
$2.553 trillion, Spending 3.008 trillion. Debt to GDP 47%. Foreign reserves
$3.16 trillion. External debt $1.598 trillion.
Norb Leahy, Dunwoody
GA Tea Party Leader
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