was the American century, then the 21st belongs to China. It’s that simple, Ted C. Fishman
says, and anyone who doubts it should take his whirlwind tour of the
- The New York Times
"shake the world"
China is already using 40 percent of the
world’s concrete and 25 percent of its steel and aluminum, nearly a
the world’s iron ore and coal. But that's just the beginning.
of the world’s biggest companies now have large operations in China. Many observers advise: watch the movement of
next five years, nearly half of all Chinese will live in urban
The likely result, based on recent history: many more millions of
Chinese will move from poverty to middle class and others into
the CIA's calculations of China’s actual purchasing power China’s economy is already about
two-thirds the size of the U.S. economy. But, look at the growth rate for the
to 2002, GDP growth for the United States averaged 3.3 percent. “In China, however, a growth rate twice as
high as that of the United States would now be seen as a calamity.
Chinese officials themselves say the country must grow at better than 7
a year to create enough jobs to busy those regularly entering the job
the same period, China has been growing at about 9.5
percent. “This growth has no equal in modern history. Neither Japan’s nor South Korea’s postwar booms came anywhere
close.” – Source: China, Inc.
by Ted C.
Fishman, pages 11 and 12.
"Understand how China has advanced despite its impediments
and one can sense how much more
it will shake the world
considerable, barriers fall.”
China now makes 40 percent of all
furniture sold in the United States. That’s cost thousands of jobs for
those in the industry. But the growth of Chinese industry is not just
affecting jobs in the USA, but scores of other countries as well.
China’s leather factories produce more
leather for the world’s shoes and clothing than any other country. Currently they are pumping out 70 million
leather clothing articles plus 5 billion pairs of shoes a year.
thousand companies in China are producing about 8 billion pairs
of socks each year – about one third of the world’s supply. But look at
growth: in 2001 China produced only about one percent of the
socks for the American market. In just 3 years that has climbed to 20
(Fishman, page 70)
city of Shanghai can currently boast in having:
The world’s tallest
The world’s largest
The world’s tallest
Ferris wheel (about a
third taller than London’s)
And the world’s
fastest train (at nearly
miles per hour)
Shanghai makes up about 5 percent of the nations
economy. But it attracts nearly 10 percent of the country’s foreign
Apartment values in Shanghai have been increasing between 20 and
50 percent each year for the past five years. (page 84) Cities the
consider just midsize are building convention and expo centers that
cities like Orlando or Barcelona feel proud.
China is already the world’s leading manufacturer
in quite a few categories, including televisions and many other
consumer items. They make an impact on whatever industry they decide to.
Preparing and building for the future
Beijing is currently the world’s busiest construction
zone, and not just because of the upcoming Olympic Games. About two
thousand high-rise buildings are in process at this time in Beijing.
power blackouts and brownouts are still very common throughout the
nation, China is already the world’s largest user
of solar power for household purposes. China only has about 80 percent of the
energy it needs to run smoothly. (page 111) Seven
of the world’s ten most polluted cities are in China, according to the World Health
A large part of that polution is because of all the cars. And
China's growth, they're just getting started with cars. Only
3 out of every 1,000 Chinese adults drive cars. But China's economy is
growing 300% FASTER than the G7 world.
In 2004 China invested US$24 billion in new power
all the above (and so much more) so amazing, is that all this has
happened with a
government still officially committed to communism. “…by and large
its success to a government that grudgingly acknowledged that it could
in the way of a people determined and resourceful enough to undermine
radical regime. Understand how China has advanced despite its impediments
and one can sense how much more it will shake the world
considerable, barriers fall.” (Fishman,
So what does all this mean
What does it mean in terms of the spread of the Gospel?
Notes - and some comment - by David Hall from the book:
How the Rise of the Next Superpower Challenges America and the World
by Ted C. Fishman