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October 22, 2012

Superpower Showdown: U.S. vs. China (Infographic)

By Master of Finance Degrees

The U.S. and China, these two giants boast the world's largest economies and active military forces, their decisions influencing politics at a global level. Despite a massive trade agreement and many diplomatic meetings, the two nations struggle to maintain the semblance of a civil relationship. As pressure mounts from U.S. leaders, China remains unfazed, cooly growing its military and economy. See how these two titans of industry and power measure up when pitted head-to-head.



Economics

China 

- GDP: $7.298 trillion
- GDP Growth: 9.2%
- Revenue: 1.646 Trillion
- Expenditures: 1.729 Trillion
- Budget Deficit: -1.1% of GDP
- Exports: 1.904 Trillion
- Percentage in Poverty: 13.4%
- Unemployment: 6.5%
- Labor Force: 795.5 Million

United States 

- GDP: 15.29 Trillion
- GDP Growth: 1.7%
- Revenue: 2.303 Trillion
- Expenditures: 3.599 Trillion
- Budget Deficit: -8.6% of GDP
- Exports: 1.497 Trillion
- Percentage in Poverty: 15.1%
- Unemployment: 9%
- Labor Force: 153 Million
- "Trade" Is A 4-Letter Word

The politics of American-Chinese economic relations 
- "These guys [China] are after us, and looking for ways to harm us, economically at least"  ~ Mitt Romney 
- "We don't want [China] taking advantage of the United States or U.S. business" ~ President Barack Obama 
- "[The U.S. and china must] act in ways that mutually benefit, show mutual understanding and allow mutual coordination" ~ Liu Weimin, a spokesman for China's Foreign Ministry



Civil Liberties

Ratings are on a scale of 1 (best) to 7 (worst)

China
- Overall: 6
- Political rights: 7
- Press freedom: 139th worldwide
- Economic freedom: 118th worldwide
- Number of citizens incarcerated out of 100,000: 121 (124th worldwide)

United States 
- Overall: 1
- Political rights: 1
- Press freedom: 10th worldwide
- Economic freedom: 4th worldwide
- Number of citizens incarcerated out of 100,000: 730 (1st worldwide)



Population Power

China 
- Total population: 1.343 Billion
- Population growth: 0.481%
- Birth rate: 12.31 Births/1,000
- Death rate: 7.17 Deaths/1,000
- Male to female birth ratio: 1.13 male / female

United States 
- Total Population: 3.13 Million
- Population Growth: 0.899%
- Birth Rate: 13.68 births/1,000 population
- Death Rate: 8.39 deaths/1,000 population
- Male to female birth ratio: 1.05 male / female



Military Supremacy

China 
- Manpower Available For Service:
- males age 16-49: 385,821,101
- females age 16-49: 363,789,674
- Military Expenditures: 4.3% of GDP (2006)
- Active military force: 2.3 million members (world's largest)

United States 

- Manpower Available for Service
- males age 16-49: 73,270,043
- females age 16-49: 71,941,969
- Military Expenditures: 4.06% of GDP (2005 est.)
- $550 billion annually with an additional $160 billion for Overseas Contingency Operations
- That's 43% of global military spending!
- Active military force: 1.5 million



Education

China
Adult literacy
- total population: 92.2%
- male: 96%
- female: 88.5%
- School Life Expectancy
- total: 12 years
- male: 11 years
- female: 12 years

International Rankings:
- Math: #1
- Science: #1
- Reading: #1

United States
Adult literacy
- total population: 99%
- male: 99%
- female: 99%
- School Life Expectancy
- total: 16 years
- male: 15 years

International Rankings
- Math: #31
- Science: #23
- Reading: #17 Final Score
- China: 2
- U.S.: 3

The U.S. needs to rethink its education policies and implement some economic reform if it's going to stay ahead of China's explosive growth!



U.S. vs China: Superpower Showdown
Source: Master of Finance Degrees

The views and opinions expressed herein are the author's own, and do not necessarily reflect those of EconMatters.

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