CHINA

has

Caught Up

o China Became the Worlds

LARGEST

0.20%

Economy in 2014
o BUT it has a more or less centrally planned
economic system.
o Economists have predicted that Chinas currency,
the yuan, would continue to slide against the U.S.
dollar until the end of 2015

CHINA

the percentage China was

ahead of U.S.A in GDP in
2014How about this year?

FEAR

U . S. A .

o In 2014, America has lost the title WORLDS

LARGEST ECONOMY in more than 140 years.
o It has a free market economic system.
o The Chinese slowdown will cause pain in the
American economy.

e.g. sectors like semiconductors, aircraft, and

technology are likely to take the hardest hit