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THE PEOPLE'S REPUBLIC OF CHINA
A lot of people are going to get very rich doing business with China over the coming decades. Economic growth around the world depends on China’s immense population sustaining its insatiable demand for goods. At the same time China exports to the world and is now more important than the United States to many other emerging markets. China is also the cradle to one of the great civilizations of mankind. It is a complex emerging superpower that will figure prominently in all our futures whether we want it to or not.  Expect to see a lot about China in the news.  The Olympics will be in Beijing in 2008 and the impact of the May earthquake in Sichaun will be felt for some time.


The Great Wall of China


Location of the People's Republic of China

LOCATION: East Asia bordering Russia and Mongolia to the north, India and Nepal to the west, Southeast Asia to the south, and the Pacific Ocean to the east.

SIZE: China is about the same size as the continental United States. As a result, there is as much variety of climate and geography as you would find in the USA. China has deserts, beaches and mountains.

POPULATION: China is the most populous nation on Earth with 1.3 billion people. That’s more than four times the population of the USA! Aggressive population control over the past generation has reduced the growth rate, but China is still getting more crowded. The “one child” policy has produced a society of children without siblings. Since there is a traditional preference for boys, there are now more males in China than females. The government is trying to combat this imbalance by banning ultrasound devices and sex selective abortion.

PEOPLE: Despite what many people believe, Chinese are not just Chinese. China contains hundreds of distinct ethnic groups with their own languages and cultures. The majority Han Chinese are very different from Tibetans in the southwest who are vastly different from Mongolians and Manchurians in the north. China has a far more varied population than the United States.

GOVERNMENT: Communist. China has made great strides in recent years both economically and socially. Still, it remains under tight government control and is often criticized for its human rights record.  The suppression of the Tiananmen Square protests in 1989 is still a fresh memory. The protests over Chinese government involvement in Tibet keeps China’s human rights record in the news. China is working hard to improve its image with the 2008 Olympic games. All indications are that China will continue to open up to the rest of the world.

CURRENCY: Yuan. It is pegged to the value of the dollar but allowed to float by 0.5%.

LANGUAGE:
There are about 236 different languages spoken in China. People who speak different dialects of Chinese often can’t understand each other. Mandarin Chinese is the most common with about 850 million speakers (70%+ of the population), and used in official government matters. Cantonese is also widely spoken (by about 80 million people) in the south around Hong Kong.



Flag of the People's Republic of China

ECONOMY: Back in 1978, the Chinese government started transforming the old Soviet style centrally planned economy to a mixed economy relying more on market forces. It’s been an amazing success. Chinese economic development is among the fastest in the world. The GDP grew an average of 9.4% per year for the past quarter century. As a result, the middle class is exploding. China’s poverty rate fell from 53% in 1981 to 8% by 2001. China plays a major role in international trade. It has overtaken the United States as the primary trading partner of many smaller nations. As a result China, not the United States, is poised to have an increasing influence in world affairs in the future.

TRAVEL:  Despite all the recent changes, China is still a tightly controlled communist county. As a result they are still suspicious of foreigners. The Chinese government doesn’t like the idea of foreigners running around their country unsupervised. Hopefully this will change some with the 2008 Olympics. For the most part, if you want to travel in China you need to be part of an organized tour group. If you want to stay longer consider teaching English. The government makes exceptions for desperately needed English teachers. See our “Teach English in Asia” section of the Careers with Asia page of Emerging Dragon.com.

China is jam packed with must see sights. Of course there’s the Great Wall, the terra cotta warriors of Xian, and the Yangtze River. Also amazing are the bizarre landscape of Guangxi Province, the desert landscapes of Xinjiang, and the Silk Road. Cities like Beijing, Shanghai, Hong Kong and Macau are loaded with treasures.

VISA: Tourist visa cost $130 for single, double or multiple entry.  Passport must be valid for at least 6 months and have at least one blank page.  Proof of return air ticket and hotel required.

GETTING THERE:
Direct flights from the United States are provided by United Airlines, American Airlines, Continental Airlines, Air China, China Southern AirlinesChina Eastern AirlinesCathay Pacific Airlines.   


The Forbidden City


WHAT YOU SHOULD KNOW:
China is in the midst of a major public relations campaign. Hosting the 2008 Olympic Summer Games is seen as a opportunity to improve China’s image on a worldwide stage. Of course it also means that those critical of China’s government are using that same stage to embarrass them. Regardless of your political views, it is clear that China is trying to reach out to the rest of the world. China has the second largest
research and development budget in the world. Last year they spent $136 billion on things like stem cell research, gene therapy, semiconductors and renewable energies. China isn’t just making cheap trinkets anymore. Look out world. Here comes China!



Still not convinced that China will be the world's next superpower?  Watch this.


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Thanks! Kent Ninomiya, Managing Editor EmergingDragon.com

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