China Largest Country in World
China the Largest Country in the World
China is the largest country in the world. You are thinking about marketing your product in their country. Your information must be current (NLT2004). You are to conduct a comparative analysis between China and the United States. You are to determine the population of China, the mean gross income, the gross national product (GNP).
When you compare the United States with China, it is clear that the U.S. is a more developed nation. Evidence of this can be seen by: comparing the median income and the GNP of both counties. As the U.S. has an average income of $47,200.00, while China has median income levels of $7,600.00. In the case of the GNP, the U.S. is much larger than China with their economy realizing $14.66 trillion in total output for 2010. Whereas China; is experiencing GNP productivity rates of $5.878 trillion. When you look at the below graph, it is illustrating the overall differences between the two countries. ("China," 2011) ("United States," 2011)
The Median Gross Income and GNP of the United States vs. China
These different figures are important because they are showing how the median income levels are nearly seven times higher in the United States. While the GNP rate (in the U.S.) is double the levels that China is experiencing. As a result, this is illustrating how China is continuing to grow in order to reach the same level of economic development of the United States. ("China," 2011) ("United States," 2011)
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