Chinese Economics and Business
- Created by: Imogen
- Created on: 21-05-14 10:04
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- Chinese Economics and Business
- Population
- The median age in China in 32.5 years and rising
- Chinese air pollution kills 350,000 to 500,000 people per year
- China's official religious stance is atheist
- Christian 3-4%, Muslim 1-2%, Buddhist and Daodist
- Average life expectancy is 74years
- Demographics
- Population of Beijing- 11.51million
- Population of China: 1.351 billion (1/4 of the world's population)
- China's 2012 GDP $8.227trillion USD
- India $1.842 trillion USD
- USA $15.68 trillion USD
- UK GDP 2012 $2.435 USD
- Vietnam GDP 2012 $141.7 billion USD
- Wage
- The government plans to increase minimum wage by 40% in 2015
- Businesses such as Foxconn place students in compulsory apprenticeships in factories for little or no wage
- Legislation
- Foreign-owned businesses could only operate in China from 2004
- Low standards of health and safety- bad CSR/PR
- Collapse of Primark factory caused bad PR and compensation
- Patents and copyrights are not enforced
- China Mobile OPhone, Ranasonic, Sqny and Shuanghuan car model CEO
- Population
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