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asibilev

Will China really dominate? | World Finance - 0 views

www.worldfinance.com/...will-china-really-dominate

Economy Russia China

shared by asibilev on 12 Feb 14 - No Cached
  • In the case of Russia, these numbers assume that its current demographic decline is counterbalanced and gradually reversed by the effects of an Arctic windfall, and that it can maintain effective control of its Far East region.
  • Ignoring the effects of environmental change, China will be by far the largest economy, with a GDP that is 40 percent of the total for the top twenty economies. The US will be second with a GDP well under half that of China. India will be third and Brazil will be fourth.
  • Taking environmental change into account, China and the US will be neck-and-neck with 24 percent each of the GDP for the top twenty, Russia will be third, Brazil fourth and India fifth. Most of China’s catch-up will happen early, prior to 2030; before climate change really bites.
Olga Bykova

Supporters | Happy Planet Index - 0 views

www.happyplanetindex.org/supporters

happiness index economic GDP

shared by Olga Bykova on 06 Aug 14 - No Cached
  • Olga Bykova on 06 Aug 14
     
    Everyone accepts that GDP alone cannot tell us anything of substance about how we are doing as a species. It tells us nothing of the state of our planet, or the wellbeing of its people. It is simply an indiscriminate measurement of economic activity. The Happy Planet Index is a step towards developing alternatives.
Vladimir Antonov

China bought nearly half of the world's luxury goods last year - 0 views

mashable.com/...china-luxury-goods

Social Economy china

shared by Vladimir Antonov on 15 Feb 16 - No Cached
  • Consumers in China spent $116.8 billion on luxury goods abroad in 2015
  • This translates to 46% of the global volume of high-end goods, which includes branded leather goods, cosmetics and electronics, according to consultants at Beijing-based Fortune Character Group, which derived these figures from the revenues of some 20,000 brands.
  • The government says that 120 million Chinese tourists — just about 1% of the population — went overseas in 2015, and contributed to 12% of global spending on their holidays.
  • ...4 more annotations...
  • Many Chinese buyers are keen to make their high-end purchases overseas because luxury goods imported into China are priced at a premium, in part because of high import tariffs. The China Chamber of International Commerce found last year that high-end goods were priced at up to 68% higher in China compared to prices in the U.S. and Europe.
  • This has resulted in many overseas brands shutting their mainland stores, such as French fashion house Louis Vuitton, which closed stores in Guangzhou, Harbin and Urumqi last year. Other luxury goods brands such as Burberry, Hermes, Armani and Prada also shut outlets in China over the past two years.
  • Some brands remain bullish on China, however. Apple, for one, has been aggressively expanding in the country in the past year, and has set a goal to have 40 stores in Greater China by mid-2016
  • Domestic retail has been growing as an economic driver for the country, as the economy faces its slowest growth rate in two decades. Consumption contributed to 66.4% of GDP in 2015, up 15.4% from 2014.
  • Vladimir Antonov on 15 Feb 16
     
    Asian expansion overseas growth continues, also confirms global vs local trend.
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