China Economy - Indicators

China Economy is the fastest growing economy in the world. China is the most populous country in the world with number of people crossing 1.298 billion in 2004. Data obtained from the World Bank shows a national growth rate of 0.8% during 1997-2003. China has adopted measures to curb its mounting population from exceeding at an alarming rate, as its growth rate is less than that of the world's as a whole.

The density of population in People's Republic of China is approx. 136 persons per sq. km while, Taiwan has a higher population density of 636 per sq km. Most of the people live in rural areas as only 39% of the people were living in urban areas during the preceding 10 years. Life expectancy at birth in China is still higher than most developing nations. Many people are estimated to have lived up to 71 years. Gross primary enrollment, which denotes the percent of school-age population, is 114 with both male and female enrolled equitably. Adult Literacy rate is 91%. In a recent report of Asian Development Bank, China's growth rate for the coming 2-3 years is predicted to be 8.5 % and above.

China's Gross National income according to World bank sources, was 1411.6 US $ billion in 2003 and the per capita income was US $ 1110 in the same year.


China’s Economy has been experiencing a faster rate of growth recently. Gross Domestic Product of the country as in the year 2006 has reached at 2.7 trillions in current US Dollar with an annual percentage growth rate of 10.7. Find growth rate of GDP in the country over various years:

However, China is ranked very low in Human Development index having a rank of 94 in 177 countries of the world, in UNDP 2004 Report.

China Economy and Key Indicators

Although China is still among the developing countries with a relatively low per capita income, it has experienced tremendous economic growth since the late 1970s. After stagnating for two decades under the rigid authoritarianism of early communist rule, China Economy now has the world's fastest-growing economy.

Questions on Inflation....

Q. What does the inflation rate soars mean?

A. The Inflation Rate Soars means the rate of increase in the price of goods and services over a given period of time increases tremendously.



Q. How inflation rate is calculated?
A. Inflation is measured by calculating the percentage rate of change of price index,

which is called the inflation rate. The rate of inflation is usually expressed in annualised term,

though the measurment periods are usually different from one year.

Inflation rate= p - P /P *100

i.e, p minus P devided by P into100.

Where, p= current average price level, P= price level a year ago.

Q. Disadvantages of inflation?

A.Inflation is the decreased value of money.

if inflation goes up it means that the prices of goods also go up. this may lead to workers demanding higher wages and result in less profit for the business.

also means people will not have the the same amount of money to spend and this could lead to a decrease in sales.(less profit)

Q. Is inflation harmful?

A. Its like food, you eat too much you get sick and if you eat too little you get sick.
Too much inflation will ruin the economy but small levels of inflation will spur growth.

Q. What is cosmic inflation?

A. There are a number of reasons to suspect that the universe started from a point:

1) All the distant galaxies are headed away from us, so 13.7 billion years ago they were in one spot..

2) The macro-universe is no different on opposite sides. Nothing has had the time to smooth out both sides.

3) The Microwave background noise is everywhere, and it is an echo of the "Big Bang" (sort of...).

So how did the universe get from a tiny point to what we have now? Well the best theory is that in the first second of the Big Bang, SPACE (not matter) inflated tremendously fast.

This is a complicated subject, but much is know about what happened, and many pieces of evidence point in this direction.

Q. What is the different between inflation and unemployment?

A. The number of people unemployed is the number of people in the country who are out of work and who are available for work at current market wage rates. This can easily be changed to a percentage by relating the number of people unemployed, to the total number of people in the labour force.

Inflation is the general increase in prices over a 12 month period. This is measured by taking weighted averages of all consumer products (weighted on the frquency of purchase) and analysing the trend of overall prices. This is often called the Consumer Price Index (CPI) or Harmonised Index of Consumer Prices (HICP). This shows how much, as a percentage, the general price levels of all consumer goods have changed over the year.

The two have been analysed together using the Phillips curve which shows the rate of inflation plotted against the rate of unemployment.

What is inflation rate?

In economics, the inflation rate is the rate of increase of the average price level (a measure of inflation), usually some form of consumer price index. Alternatively, the inflation rate is the rate of decrease in the purchasing power of money. This is sometimes expressed as an "annualized" number, even if the period measured is less than a year.

The rate of inflation is a variable used to calculate the real interest rate, as well as real increases in wages. In general inflation rates are calculated so that they can be directly subtracted from some other rate. In general an inflation rate will be stated in seasonally adjusted terms.

If P₀ is the current average price level and P _{- 1} is the price level a year ago, the rate of inflation during the year might be measured as follows:

Failed to parse (unknown function\text): \text{inflation rate} = \frac{P_0 - P_{-1}}{P_{-1}} \times 100

There are other ways of calculating the inflation rate, such as logP₀ - logP _{- 1} (using the natural log), again stated as a percentage.

There are two general methods for calculating inflation rates - one is to use a base period, the other is to use "chained" measurements. Chained measurements adjust not only the prices, but the contents of the market basket involved, with each price period. More common, however, is the base period reference. This can be seen from inflation reports from the "relative weight" assigned to each component, and by looking at the technical notes to see what each item in an inflation basket represents and how it is calculated.

Vitamins and Water Heal

A vitamin is an organic compound, which is required as a nutrient in tiny amounts by an organism. They are classified by their biological activity and have diverse biochemical functions. Earlier vitamins were obtained solely through the daily food intake. The changes in in diet could occur during a particular growing season and can alter the types and amounts of vitamins ingested. Human bodies do not store vitamins and hence it is very essential for a person to have a regular intake of vitamins. The Well-known human vitamin deficiencies involve thiamine (beriberi), niacin (pellagra), vitamin C (scurvy) and vitamin D (rickets). These deficiencies are not found in a developed world as there is adequate supply of food. In large doses, some vitamins have documented side effects that tend to be more severe with a larger dosage.

There has been quite an advancement in the recent medicinal facilities. Medical centers in PA have also been quite advanced. Another healing technique, which has been emerging is the concept of water heal. It has been for quite sometime now and has been known to produce very good results. Many people are now moving towards water healing as it is becoming popular due its very basic nature. Water is found in abundance and this basic entity, which keeps us alive heals the body and flushes the diseases without the use of toxic medicines that also produce side-effects.

Gujjar violence: How it began

The violence began on Friday when protesters belonging to the Gujjar caste lynched a policeman in Bharatpur district in Rajasthan, G.C. Kataria, the state’s home minister, told reporters.
Police shot at protesters as they tried to damage railway lines and government property, he said. At least 15 were killed.

On Saturday, the army was called in to help calm the violence as another 15 people were killed when police shot at a mob protesters trying to torch a police in Sikandra.

Thousands of protesters were blocking a rail route between Delhi and Mumbai, police said. Highways have also been blocked, and state authorities have cancelled many buses.

Gujjars are already considered among the low born in India’s complex caste hierarchy. They want to be thought of as even lower — a so-called scheduled tribe — so they can qualify for the nearly half of all government jobs and state college seats reserved solely for the lowest castes, who tend to be poorer than their high-caste compatriots.

state government committee did not agree. Said it would spend 2.82 billion rupees ($67 million) improving schools, clinics, roads and other infrastructure in Gujjar-dominated areas.

How many Killed

At least 31 people have been killed and scores injured in western India in two days of clashes between police and members of a farming caste demanding job quotas for their community, a state minister said on Saturday.

Gujjar violence: How it began

The violence began on Friday when protesters belonging to the Gujjar caste lynched a policeman in Bharatpur district in Rajasthan, G.C. Kataria, the state’s home minister, told reporters.
Police shot at protesters as they tried to damage railway lines and government property, he said. At least 15 were killed.

On Saturday, the army was called in to help calm the violence as another 15 people were killed when police shot at a mob protesters trying to torch a police in Sikandra.

Thousands of protesters were blocking a rail route between Delhi and Mumbai, police said. Highways have also been blocked, and state authorities have cancelled many buses.

Gujjars are already considered among the low born in India’s complex caste hierarchy. They want to be thought of as even lower — a so-called scheduled tribe — so they can qualify for the nearly half of all government jobs and state college seats reserved solely for the lowest castes, who tend to be poorer than their high-caste compatriots.

state government committee did not agree. Said it would spend 2.82 billion rupees ($67 million) improving schools, clinics, roads and other infrastructure in Gujjar-dominated areas.

How many Killed

At least 31 people have been killed and scores injured in western India in two days of clashes between police and members of a farming caste demanding job quotas for their community, a state minister said on Saturday.

MacBook Air - Pros n Cons

For those of us who’ve been waiting—far too long, it seems—for a smaller, lighter laptop from Apple, Tuesday’s announcement of the MacBook Air was a welcome one. I, for one, have been wanting a smaller version of the MacBook Pro since…well, since the MacBook Pro replaced the PowerBook G4 line, sans the 12-inch model.

But subnotebooks—laptops designed to be smaller and lighter than traditional models—generally involve many tradeoffs. For the reduction in size and weight, many smaller notebooks compromise on such attributes as the size of the display and keyboard, processor speed, battery life, and included features. Most also cost more than a comparably-featured larger model. The MacBook Air is no exception, Steve Jobs’ claims to the contrary notwithstanding. What makes the MacBook Air unique is that Apple has chosen to make different compromises than those found in most other subnotebooks. The company has essentially said, “It has tradeoffs and limitations, but we think our tradeoffs and limitations are better than the competition’s.”

Where it shines

Before getting to those tradeoffs, consider the areas in which the MacBook Air stands out. Unlike many subnotebooks, it includes a generously-sized 13.3-inch, 1280- by 800-pixel, glossy LED screen, using the same LED technology found in the MacBook Pro. You also get a full-size keyboard nearly identical to the one found on the MacBook.

In this respect, the MacBook Air is just as usable as a MacBook for general computing, which is to say much more usable than a typical subnotebook. Of course, because of these full-size components, the MacBook Air’s footprint is considerably larger than that of many subnotebooks on the market; in fact, the Air’s 12.8-inch width and 8.94-inch depth are each 0.02 inches longer than the corresponding dimensions of the MacBook.

It’s in weight and thickness—or, if you will, thinness—that the MacBook Air shines. Whereas the MacBook and MacBook Pro are each around 1 inch thick, the MacBook Air is essentially three-quarters of an inch thick at the thickest point, and less than a fifth of an inch thick at the thinnest. And at only 3 pounds, the Air is 2 pounds lighter than the next-lightest Apple notebook.

Other impressive features include the Air’s battery life (according to Apple, five hours with WiFi and Bluetooth active); a built-in iSight camera and microphone; video output that supports extended desktop with an external display; an ambient light sensor and backlit keyboard; and a large, multi-touch trackpad.


Where it compromises

But to squeeze into such a svelte package, the MacBook Air is missing a number of features, and other features are scaled back. The most obvious omission—one common to subnotebooks—is an optical drive. If you want to install new software, rip CDs to iTunes, watch DVDs, or burn data to disc, you need to either purchase the $99 Apple MacBook Air SuperDrive, which connects via USB, or use the new Remote Disk feature to “borrow” the optical drive of another computer on your network.

You also lose ports and expansion options. Unlike the MacBook Pro, the MacBook Air has no ExpressCard slot, and unlike both other Apple laptop lines, the Air doesn’t include FireWire, Ethernet, multiple USB ports, audio input, and optical audio output. The only ports on the MacBook Air are a single USB slot, an analog headphone/speaker output, and a new Micro-DVI video output. It appears even the Kensington cable lock slot, included in every portable Mac I can remember, is missing. (You can add Ethernet via Apple’s $29 USB Ethernet adapter.)

Thanks to heat and space concerns, the Air also isn’t as speedy as its larger siblings. Instead of the 2.0GHz to 2.4GHz processors available in the current MacBook and MacBook Pro models, the MacBook Air comes standard with a 1.6GHz Core 2 Duo or, for $300 more, a 1.8GHz chip. (During his keynote on Tuesday, Jobs said that Intel had to create a new, smaller version of the Core 2 Duo to fit inside the MacBook Air.) To be fair, the Air’s processors are near the middle of the pack for subnotebooks, which range in speed from roughly 1.2GHz to 2.2GHz.

Space and heat issues also limit the MacBook Air’s storage options. Because the laptop is so thin, it appears that only single-platter, 1.8-inch hard drives—the same type found in the 80GB iPod classic—fit; even a dual-platter, 1.8-inch drive, like the one used in the 160GB iPod classic, is too thick. These drives are also slower than a typical laptop drive, at 4200rpm compared to 5400rpm, and are ATA rather than the now-common SATA. The only alternative here, performance-wise, is the optional 64GB solid-state drive, although the high prices for such drives adds $999 to your tab; it’s likely to be another year or two before such drives are inexpensive enough to be standard features.

Perhaps the most controversial compromise Apple has made will turn out to be that, unlike nearly every other subnotebook, the MacBook Air uses an integrated battery that can’t be easily removed. The apparent reason for such a design is that, as with the iPhone and iPod, the battery had to be shaped to fit within the Air’s unusually-thin profile; making the battery removable would have added considerable thickness, as the enclosure would have had to be redesigned to accommodate a more-traditional battery compartment.

Finally, the MacBook Air adheres to the general rule that you pay more for smaller size. Even though it isn’t as full-featured as the MacBook, it costs $300 to $700 more than Apple’s consumer-level notebook, and for only $200 more you can get a much more capable—but larger and heavier—Mac Book Pro.

So who wants one?

Which raises the obvious question: Who, exactly, is this product for? Over the past couple days, I’ve heard quite a bit of criticism of the MacBook Air for its limitations. But I think many of these criticisms miss the larger goal of Apple’s latest laptop: Unlike the MacBook and MacBook Pro, the Air isn’t designed to be a general-purpose computer; it has, by design, limitations that will be unacceptable for many people.

But for a particular market—people who value light weight and are willing to give up other features to get it—it’s an interesting machine. And if you’ve already got another Mac at home, the MacBook Air may be an appealing on-the-go complement, with many of its limitations able to be overcome through the use of clever software features such as Remote Disk and Back To My Mac.

As for me, although it’s not exactly what I was hoping for, it’s close enough that I’m considering buying one to replace my aging—and heavy—original MacBook Pro. I’m also impressed by the MacBook Air for what it stands for: After years of Apple keeping its product line lean and tightly focused, the Air shows that the company feels its market is big enough to expand into niche products. In that respect, even if the MacBook Air isn’t for you—and I suspect that will be the case for most people—it’s something all Mac users should welcome

source:Macworld