Despite all the wild stories you have already heard about China, expect the nation to keep blowing your mind.
That’s because not only is China enormous and highly diverse, but most importantly, it’s rapidly changing.
Thus China’s future already looks far different today than even five years ago. It’s surely not your father’s ‘Red China’, or even your older brother’s ‘Made in China’…
China is the steel market.
Even in 2010, as developed nation steel demand is expected to rebound, Chinese steel demand will still dwarf all other major economies.
This also means that China drives the seaborne iron ore and coking coal markets as well, as these commodities are key ingredients in steel.
Source: Business Insider, Posco Steel
If the Chinese, one day, use as much oil per person as Americans, then the world will need seven more Saudi Arabias to meet their demand.
There are already more Christians in China than Italy, and China is on track to become the largest centre of Christianity in the world.
Due to the extremely rapid expansion of Christianity in China, there are now an estimated 54 million Christians in the country comprised of about 40 million Protestants and 14 million Catholics.
Meanwhile, Italy has just 60 million people in total, of which only 79% are Christian these days. Which means Italy has 47.4 million Christians, a full 12% less than China. It's partly because 16% of Italians are now irreligious.
Moreover, China's Christian population is set to grow far more rapidly than Italy's, or even much of the world's even.
'...is not going to stop China from soon becoming home to the largest Christian population on the globe, says the Archbishop of Canterbury, Rowan Williams, in an excellent and well-balanced article he recently wrote for the Great Britain-China Centre.'
'Only Russia (48%), USA (42%), South Africa (41%) and Egypt (25%) remained sceptical about the scientific evidence that exists to support Darwin's theory.
The results also show that a significant proportion of those people surveyed in the USA, South Africa and India (43%) believe that all life on Earth, including human life, has always existed in its current form.
In all other countries, people in China (74%), Mexico (69%), Argentina (68%), Great Britain (63%) Russia, Spain (56%), and Egypt (52%) were of the view that more people thought that life on Earth, including human life, evolved over time either by a process guided by God or as a result of natural selection in which no God played a part.'
Source: British Council
Yet these prolific bloggers are under the watchful eye of an internet police army:
'Although the existence of an internet police force - estimated at more than 30,000 - has been known for some time, attention has previously focused on their work as censors and monitors. Countless critical comments appear on bulletin boards of major portals such as Sohu and Sina only to be erased minutes, or sometimes just seconds, later. In the most recent case, all postings that blamed corrupt local officials or slow-moving police for the deaths of 88 children in floods last Friday were removed almost as soon as they appeared.'
China has 150% more soldiers than America does, plus a high tech 'Kill Weapon' the U.S. can't deal with.
'According to a report issued last week by the Chinese Academy of Social Sciences, 20 per cent of small businesses had crashed and another 20 per cent went 'to the brink of bankruptcy' during the climax of the global financial crisis from October 2008 to March last year.
'According to my research, to date, most of the 20 per cent on the brink of failure have been revived thanks to the recovering economy,' said Chen Naixing, economist and director of the academy's small business research centre.'
China executes three times as many people as the rest of the world COMBINED... and uses mobile execution vans for efficiency.
'Although there are an estimated 100,000 mass protests in China each year, the vast majority occur in the countryside among desperate and angry peasants, and are quickly suppressed and censored.'
Source: The Telegraph
When you buy Chinese stocks, you are basically financing the Chinese government. Eight of Shanghai's top 10 stocks are state-controlled arms of the government.
China has 20% of the world's population but only 7% of global water resources.
To make matters worse, 90% of cities' groundwater and 75% of rivers and lakes are polluted according to the World Bank.
This means that 700 million people drink contaminated water every day.
Source: Wikipedia, World Bank
Business Insider Emails & Alerts
Site highlights each day to your inbox.