what is the gdp of the china
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China GDP China has the 2nd largest economy in the world and is one of the richest countries in the world. The gross domestic product (GDP) of China is $10,866.44 (USD Billion) and its growth was 6.90% from 2014 to 2015. Its highest GDP was recorded in 2015 and its average GDP in the last 10 years is $6,857.26 (USD Billion).
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The People's Republic of China Leading services imports from China to the United States in 2015 were in the travel, transport and research and development sectors. Trade Balance The U.S. goods trade deficit with China was $347.0 billion in 2016, a 5.5% decrease ($20.2 billion) over 2015.
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Bermuda's Economy While pre-1978 China had seen annual growth of 6 percent a year (with some painful ups and downs along the way), post-1978 China saw average real growth of more than 9 percent a year with fewer and less painful ups and downs. In several peak years, the economy grew more than 13 percent.
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How much debt does China have? No one knows exactly! Everybody knows that the US is the world’s biggest borrower, owing a massive amount of money to China, which holds $1.15 trillion in bonds issued by Uncle Sam. With more than $16.2 trillion in debt — including the money the US owes to itself to pay for programs like Social Security — the US debt-to-GDP ratio is around 100%. (Not counting so-called intragovernmental holdings of debt, the ratio is more like 68%, according to the Government Accountability Office.)
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Does China Really Have the Most Powerful Economy in the World? If you look a little further at that same International Monetary Fund (IMF) report and PPP data, you'll find that China's GDP per capita is $11,868, putting it 89th on the list of 187 countries, behind the Dominican Republic, Serbia, South Africa and Turkmenistan.
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U.S. Trade Deficit With China and Why It's So High The U.S. trade deficit with China was $347 billion in 2016. The trade deficit exists because U.S. exports to China were only $116 billion while imports from China were $463 billion. The United States imports consumer electronics, clothing and machinery from China. A lot of the imports are from U.S. manufacturers that send raw materials to China for low-cost assembly.
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Exploring the Chinese Gem and Jewelry Industry China is a global hub for manufacturing, and is the largest manufacturing economy in the world as well as the largest exporter of goods in the world. China is also the world's fastest growing consumer market and second largest importer of goods in the world. China is a net importer of services products.
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- The Gross Domestic Product (GDP) in the United States was worth 18624.48 billion US dollars in 2016. The GDP value of the United States represents 30.04 percent of the world economy. GDP in the United States averaged 6773.38 USD Billion from 1960 until 2016, reaching an all time high of 18624.48 USD Billion in 2016 and a record low of 543.30 USD Billion in 1960.
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Bulgaria GDP Bulgaria has the 77th largest economy in the world . The gross domestic product (GDP) of Bulgaria is $48.95 (USD Billion) and its growth was 2.97% from 2014 to 2015. Its highest GDP was recorded in 2011 and its average GDP in the last 10 years is $50.73 (USD Billion).
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- The International Monetary Fund estimates that China's economy has overtaken that of United States in terms of GDP (PPP) in 2014 but the United States' economy will remain larger than China's in nominal GDP until the end of the 2010s.
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- China Average Yearly Wages 1952-2017 | Data | Chart | Calendar | Forecast. Average Yearly wages in China increased to 67569 CNY in 2016 from 63241 CNY in 2015. Wages in China averaged 9744.49 CNY/Year from 1952 until 2016, reaching an all time high of 67569 CNY/Year in 2016 and a record low of 445 CNY/Year in 1952. Historical.
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China's debt: Worse than you think, but maybe not a problem And those numbers are now more in doubt than ever. China's total debt-to-GDP ratio is 240 to 270 percent, depending whom you ask, and that's a sizable increase from the roughly 150 percent of a decade ago. And that jump has occurred while China's GDP has grown strongly — meaning the debt is ballooning wildly.
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2014 GDP: California Ranks 7th or 8th in the World On June 10, the U.S. Bureau of Economic Analysis released its preliminary estimates of state gross domestic product (GDP) for 2014, as we described in a blog post last week. California's 2014 GDP—the value of all goods and services produced here—was estimated at $2.31 trillion. In this blog post, we discuss one of the most common questions we are asked—how California's economy compares with that of major countries around the world—based on the preliminary 2014 GDP data.
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- Global Macro News. China Margin Debt Hits 8-Week High, Japan Pumps’n’Dumps As Kyle Bass Fears Looming EM Banking Crisis 10/29/2015. By: Zerohedge Following Marc Faber’s reality check on China recently, Hayman Capital’s Kyle Bass took a swing tonight noting that “China’s 7% GDP growth is a farce,” and adding that,….
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Impact of salt and freezeâthaw cycles on performance of asphalt mixtures in coastal frozen region of China The impact of salt on asphalt binders was first studied through basal experiments of binders. The complex influence of freeze–thaw cycles and salt on strength, volume and weight of three types of asphalt mixtures was then investigated through freeze–thaw tests.
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What Is the U.S. Trade Deficit with China? [CHART] The U.S. trade deficit with China was a whopping $365.7 billion in 2015 — a new record high, up slightly from 2014's record of $343 billion. This massive trade deficit exists because U.S. exports to China were only $116.2 billion last year, while imports from China hit a new record high at $481.9 billion — a gap that's expected to continue to grow because, to put it simply, imports are rising faster than exports. Here's what lead up to this gigantic U.S.-China trade gap… What Caused the U.S. Trade Deficit with China. China can produce goods for Americans at the cheapest cost. It's able to do so because: It has a lower standard of living than many countries, which allows companies in China to pay lower wages to workers.
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Capitalism WASHINGTON, Aug 27 (KUNA) -- Real gross domestic product (GDP) in the United States rose 3. As part of the annual budget review, the government expects Japan's real gross domestic product to rise by 1. The nation's real gross domestic product is expected to rise 0. The bank lowered its full year 2010 forecast for growth in China's real gross domestic product to 10.
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China's Economy Facts and Effect on the U.S. Economy China shipped 18 percent of its exports to the United States in 2015. That contributed to a $365 billion trade deficit. China's trade with Hong Kong was almost as much (14.6 percent). Its trade with Japan (6 percent) and South Korea (4.5 percent) was much less.
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Economy of China China had the largest economy in the world for much of the last two thousand years, during which it has seen cycles of prosperity and decline. Since the introduction of economic reforms in 1978, China has become one of the world's fastest-growing major economies. As of 2016, it is the world's second-largest economy by nominal GDP and largest by purchasing power parity (PPP). China is also the world's largest exporter and second-largest importer of goods. China is a recognized nuclear weapons state and has the world's largest standing army and second-largest defense budget.
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The worldâs 10 biggest economies in 2017 Although China trails the US by $7 trillion, it’s catching up. China’s economy grew by 6.7% in 2016, compared with America’s 1.6%, according to the IMF. China has also overtaken India as the fastest-growing large economy. The IMF’s World Economic Outlook estimated China’s economy grew at 6.7% in 2016, compared with India’s 6.6%.
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AP Macroeconomics The Cost of China's GDP Growth. http://www.nytimes.com/interactive/2007/08/26/world/asia/choking_on_growth.html?scp=1&sq=green%20gdp&st=cse. Go to the slideshow first, then the interactive map and you can see the ecological toll all that growth is having.
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China's Now The World Number One Economy And It Doesn't Matter A Darn China's Now The World Number One Economy And It Doesn't Matter A Darn. There’s much worrywarting over the new figures from the IMF telling us the fact that China is now the world’s number one economy in terms of size. The truth is though that, other than for collectors of statistical trivia, this really isn’t important.
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- Guangdong is responsible for 10.66 percent of the China' $10.36 trillion GDP. Guangdong's GDP is larger than that of Indonesia ranking 16th in terms of US dollar or Purchasing Power Parity.acau, on the southern coast of Guangdong, was the first European settlement in 1557. In the 19th century, the opium traded through Guangzhou triggered the First Opium War, opening an era of foreign incursion and intervention in China.
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The Truth About China's Economy China's economy reportedly grew at an annual 7.4 percent in the first quarter of this year, slowing from a 7.7 percent increase in the final quarter of 2013, numbers that seem too good to be true—and they are.art of the difficulty facing foreign analysts is that they tend to think of the Chinese economy in their own terms, comparing China to a Western-style market economy with functioning financial institutions and credit markets.
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- China is still enjoying strong growth – 6.6 percent in 2016- as it shifts from investment to consumption and industry to services, but the country needs faster progress on structural reforms to boost medium-term growth and reduce risks, the IMF said in its latest annual assessment of the economy.
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China's debt is 250% of GDP and 'could be fatal', says government expert China's debt is 250% of GDP and 'could be fatal', says government expert. China’s total debt was more than double its gross domestic product in 2015, a government economist has said, warning that debt linkages between the state and industry could be “fatal” for the world’s second largest economy. The country’s debt has ballooned to almost 250% of GDP thanks to Beijing’s repeated use of cheap credit to stimulate slowing growth, unleashing a massive, debt-fuelled spending binge.