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China vs US Economy: Perceptions, Opportunities and the Real Facts

Is China Taking Over America's Position as the World's Leading Superpower? There seems to be no getting away from all of the seem- ingly knowledgably chatter about how soon the dawn of the Age of America will set upon us hastened by the loom- ing power that is China and its 1.3 billion people. We hear about China owns the bulk of American debt, as their China is even getting into credit cards, quite the move for the globs loan communist superpower. In October, the state-owned Bank of China announced to a number of media outlets that it will begin issuing American Express credit cards. Additionally, MasterCard Inc. recently was quoted in a number of articles to have predicted that China will be home to the world's largest credit card market by 2020 when it is estimated it will have 900 mil- economy zips along growing at 10% each year, as America's economy merely bobs in place in the water. lion credit cards in circulation. This visual story explores the trends powering this common thread of thought while at the same time looking into people's feelings on the possible chang- ing of the guard. Of American 35% households save money in case of emergency $5 The current pretax profit per credit card in China, according to Mastercard Inc. 19% Of American households save money for their children's education 2020 The year Mastercard Inc. expects China to overtake the U.S. as the world's largest credit-card market 800 The number of cards Mastercard Inc. predicts will be in circulation by 2020 to 900 million 11 The number of cards Mastercard Inc. predicts will be in circulation billion in China by 2025 The amount that Mastercard Inc. says $2.5 will be spent on those cards in 2025 trillion 11% The rate that the number of cards is expected to increase by, to 14% according to Mastercard, from 2010 to 2025 $30 The predicted pretax profit per credit card in China in 2025, according to Mastercard Inc. Nearly of Chinese households save money in case of emergency 60% 590% of Chinese urban households save money for their children's education Percentage of those who believe China has or will replace the U.S. as World's Leading Superpower 64% 46% Percentage of those who believe China will NEVER replace 45% the U.S. as World's Leading Superpower Believes 17% in CHINA in the U.S. 34% 15% and that it is a GOOD THING 21% ... a BAD THING Percentage of those who believe that the U.S. is the world's leading economic power 72% Percentage of those who say it is a bad time to find a job Percentage who feels it would be GOOD for China's military to become 56% Percentage who feels it would be BAD for as powerful as the U.S.'s OPPortunite 48% China's military to become as powerful as the U.S.'s Percentage of those who say the economic 80% conditions in their communities are 84% CHINA 8% U.S. 85% getting better Terror Education 64% 64% 6% CHINA 11% 11% Percentage of those who say U.S. Percentage of those parents aren't putting enough pressure on students 80% who say Percentage who favor U.S. led fight against terrorism parents aren't putting TOO MUCH 23% pressure on students The real facts Oil Production National GDP % of Global GDB, (bbl/Day 2011) 2011 U.S.'s Area 3,794,101 sq mi China's Area 23% 3,704,427 sq mi 9.0 m Oil Annual Inflation Rate in Consumption (ьы/Day 2011) 10% HAERBIN 4.0 m 3.9% SEATTLE September, 2011 18.7 m EConOmics Industry BEIJING I URUMQI 6.1% SAN FRANCISCO BOSTON CHINA CHINA 8.2 m CHICAGO NEW YORK U.S. DENVER XIAN U.S. LOS ANGELES NANJING ATLANTAI 313.2 m SHANGAI 418 Merchant Marine Strength CHỐNGBING DALLAS MIAMI KUNMING 21 HONG KONG 2,010 Active Military Personnel 1,336.7 m Major Ports & Terminals Population 19,573 17,470 1.477 m Tanks Military 18,234 Total Aircraft 14,092 6,417 O1,389 11 2.285 m CHINA Helicopters U.S. Aircraft Carriers 59 Destroyers 26 1.458 m 75 55 Active Submarines Reserve Personnel 800 k Percentage of chinese very happy with course of nation Percentage of Chinese that say China's economic situation is good 87% 91% 30 Months the jobless rate has been near 90 The number of countries 9 percent or higher and regions that Shanghai-based UnionPay issued credit cards are accepted Americans' Perceptions about the World's Leading Economy Values in % Which country Americans think is the leading economic power in the world today Which country Americans think will be the world's leading economic power in 20 years 65 the U.S. 52 55 47 the U.S. 40 39 35 32 37 34 33 31 15. 10 China China 2000 2008 2009 2011 2000 2008 2009 2011 Sources: • US Library of Congress; Central Intelligence Agency; Fighting Forces • http://www.bls.gov/cpi/cpid1109.pdf • http://www.gallup.com/poll/150224/Chinese-Rate-Job-Market-Better-Americans.aspx • http://pewresearch.org/pubs/2086/china-students-united-states-pressure • http://www.pewglobal.org/2011/07/13/china-seen-overtaking-us-as-global-superpower/ • http://online.wsj.com/article/SB10001424052748703597204575483283996226648.html • http://munews.missouri.edu/news-releases/2011/0811-chinese-households-save-more- than-american-households-mu-study-finds/ • http://www.nottingham.ac.uk/news/pressreleases/2011/august/creditcardchina.aspx TM CreditDonkey %23 a GOOD THING . a BAD THING War on Job ША Is China Taking Over America's Position as the World's Leading Superpower? There seems to be no getting away from all of the seem- ingly knowledgably chatter about how soon the dawn of the Age of America will set upon us hastened by the loom- ing power that is China and its 1.3 billion people. We hear about China owns the bulk of American debt, as their China is even getting into credit cards, quite the move for the globs loan communist superpower. In October, the state-owned Bank of China announced to a number of media outlets that it will begin issuing American Express credit cards. Additionally, MasterCard Inc. recently was quoted in a number of articles to have predicted that China will be home to the world's largest credit card market by 2020 when it is estimated it will have 900 mil- economy zips along growing at 10% each year, as America's economy merely bobs in place in the water. lion credit cards in circulation. This visual story explores the trends powering this common thread of thought while at the same time looking into people's feelings on the possible chang- ing of the guard. Of American 35% households save money in case of emergency $5 The current pretax profit per credit card in China, according to Mastercard Inc. 19% Of American households save money for their children's education 2020 The year Mastercard Inc. expects China to overtake the U.S. as the world's largest credit-card market 800 The number of cards Mastercard Inc. predicts will be in circulation by 2020 to 900 million 11 The number of cards Mastercard Inc. predicts will be in circulation billion in China by 2025 The amount that Mastercard Inc. says $2.5 will be spent on those cards in 2025 trillion 11% The rate that the number of cards is expected to increase by, to 14% according to Mastercard, from 2010 to 2025 $30 The predicted pretax profit per credit card in China in 2025, according to Mastercard Inc. Nearly of Chinese households save money in case of emergency 60% 590% of Chinese urban households save money for their children's education Percentage of those who believe China has or will replace the U.S. as World's Leading Superpower 64% 46% Percentage of those who believe China will NEVER replace 45% the U.S. as World's Leading Superpower Believes 17% in CHINA in the U.S. 34% 2% 15% and that it is a GOOD THING 21% ... a BAD THING Percentage of those who believe that the U.S. is the world's leading economic power 72% Percentage of those who say it is a bad time to find a job Percentage who feels it would be GOOD for China's military to become 56% Percentage who feels it would be BAD for as powerful as the U.S.'s OPPortunite 48% China's military to become as powerful as the U.S.'s Percentage of those who say the economic 80% conditions in their communities are 84% CHINA 8% U.S. 85% getting better Terror Education 64% 64% 6% CHINA 11% 11% Percentage of those who say U.S. Percentage of those parents aren't putting enough pressure on students 80% who say Percentage who favor U.S. led fight against terrorism parents aren't putting TOO MUCH 23% pressure on students The real facts Oil Production National GDP % of Global GDB, (bbl/Day 2011) 2011 U.S.'s Area 3,794,101 sq mi China's Area 23% 3,704,427 sq mi 9.0 m Oil Annual Inflation Rate in Consumption (ьы/Day 2011) 10% HAERBIN 4.0 m 3.9% SEATTLE September, 2011 18.7 m EConOmics Industry BEIJING I URUMQI 6.1% SAN FRANCISCO BOSTON CHINA CHINA 8.2 m CHICAGO NEW YORK U.S. DENVER XIAN U.S. LOS ANGELES NANJING ATLANTAI 313.2 m SHANGAI 418 Merchant Marine Strength CHỐNGBING DALLAS 8 MIAMI KUNMING 21 HONG KONG 2,010 Active Military Personnel 1,336.7 m Major Ports & Terminals Population 19,573 17,470 1.477 m Tanks Military 18,234 Total Aircraft 14,092 6,417 O1,389 11 2.285 m CHINA Helicopters U.S. Aircraft Carriers 59 Destroyers 26 1.458 m 75 55 Active Submarines Reserve Personnel 800 k Percentage of chinese very happy with course of nation Percentage of Chinese that say China's economic situation is good 87% 91% 30 Мonths the jobless rate has been near 90 The number of countries 9 percent or higher and regions that Shanghai-based UnionPay issued credit cards are accepted Americans' Perceptions about the World's Leading Economy Values in % Which country Americans think is the leading economic power in the world today Which country Americans think will be the world's leading economic power in 20 years 65 the U.S. 52 55 47 the U.S. 40 39 35 32 37 34 33 31 15. 10 China China 2000 2008 2009 2011 2000 2008 2009 2011 Sources: • US Library of Congress; Central Intelligence Agency; Fighting Forces • http://www.bls.gov/cpi/cpid1109.pdf • http://www.gallup.com/poll/150224/Chinese-Rate-Job-Market-Better-Americans.aspx • http://pewresearch.org/pubs/2086/china-students-united-states-pressure • http://www.pewglobal.org/2011/07/13/china-seen-overtaking-us-as-global-superpower/ • http://online.wsj.com/article/SB10001424052748703597204575483283996226648.html • http://munews.missouri.edu/news-releases/2011/0811-chinese-households-save-more- than-american-households-mu-study-finds/ • http://www.nottingham.ac.uk/news/pressreleases/2011/august/creditcardchina.aspx TM CreditDonkey %23 a GOOD THING . a BAD THING War on Job Is China Taking Over America's Position as the World's Leading Superpower? There seems to be no getting away from all of the seem- ingly knowledgably chatter about how soon the dawn of the Age of America will set upon us hastened by the loom- ing power that is China and its 1.3 billion people. We hear about China owns the bulk of American debt, as their China is even getting into credit cards, quite the move for the globs loan communist superpower. In October, the state-owned Bank of China announced to a number of media outlets that it will begin issuing American Express credit cards. Additionally, MasterCard Inc. recently was quoted in a number of articles to have predicted that China will be home to the world's largest credit card market by 2020 when it is estimated it will have 900 mil- economy zips along growing at 10% each year, as America's economy merely bobs in place in the water. lion credit cards in circulation. This visual story explores the trends powering this common thread of thought while at the same time looking into people's feelings on the possible chang- ing of the guard. Of American 35% households save money in case of emergency $5 The current pretax profit per credit card in China, according to Mastercard Inc. 19% Of American households save money for their children's education 2020 The year Mastercard Inc. expects China to overtake the U.S. as the world's largest credit-card market 800 The number of cards Mastercard Inc. predicts will be in circulation by 2020 to 900 million 11 The number of cards Mastercard Inc. predicts will be in circulation billion in China by 2025 The amount that Mastercard Inc. says $2.5 will be spent on those cards in 2025 trillion 11% The rate that the number of cards is expected to increase by, to 14% according to Mastercard, from 2010 to 2025 $30 The predicted pretax profit per credit card in China in 2025, according to Mastercard Inc. Nearly of Chinese households save money in case of emergency 60% 590% of Chinese urban households save money for their children's education Percentage of those who believe China has or will replace the U.S. as World's Leading Superpower 64% 46% Percentage of those who believe China will NEVER replace 45% the U.S. as World's Leading Superpower Believes 17% in CHINA in the U.S. 34% 2% 15% and that it is a GOOD THING 21% ... a BAD THING Percentage of those who believe that the U.S. is the world's leading economic power 72% Percentage of those who say it is a bad time to find a job Percentage who feels it would be GOOD for China's military to become 56% Percentage who feels it would be BAD for as powerful as the U.S.'s OPPortunite 48% China's military to become as powerful as the U.S.'s Percentage of those who say the economic 80% conditions in their communities are 84% CHINA 8% U.S. 85% getting better Terror Education 64% 64% 6% CHINA 11% 11% Percentage of those who say U.S. Percentage of those parents aren't putting enough pressure on students 80% who say Percentage who favor U.S. led fight against terrorism parents aren't putting TOO MUCH 23% pressure on students The real facts Oil Production National GDP % of Global GDB, (bbl/Day 2011) 2011 U.S.'s Area 3,794,101 sq mi China's Area 23% 3,704,427 sq mi 9.0 m Oil Annual Inflation Rate in Consumption (ьы/Day 2011) 10% HAERBIN 4.0 m 3.9% SEATTLE September, 2011 18.7 m EConOmics Industry BEIJING I URUMQI 6.1% SAN FRANCISCO BOSTON CHINA CHINA 8.2 m CHICAGO NEW YORK U.S. DENVER XIAN U.S. LOS ANGELES NANJING ATLANTAI 313.2 m SHANGAI 418 Merchant Marine Strength CHỐNGBING DALLAS 8 MIAMI KUNMING 21 HONG KONG 2,010 Active Military Personnel 1,336.7 m Major Ports & Terminals Population 19,573 17,470 1.477 m Tanks Military 18,234 Total Aircraft 14,092 6,417 O1,389 11 2.285 m CHINA Helicopters U.S. Aircraft Carriers 59 Destroyers 26 1.458 m 75 55 Active Submarines Reserve Personnel 800 k Percentage of chinese very happy with course of nation Percentage of Chinese that say China's economic situation is good 87% 91% 30 Мonths the jobless rate has been near 90 The number of countries 9 percent or higher and regions that Shanghai-based UnionPay issued credit cards are accepted Americans' Perceptions about the World's Leading Economy Values in % Which country Americans think is the leading economic power in the world today Which country Americans think will be the world's leading economic power in 20 years 65 the U.S. 52 55 47 the U.S. 40 39 35 32 37 34 33 31 15. 10 China China 2000 2008 2009 2011 2000 2008 2009 2011 Sources: • US Library of Congress; Central Intelligence Agency; Fighting Forces • http://www.bls.gov/cpi/cpid1109.pdf • http://www.gallup.com/poll/150224/Chinese-Rate-Job-Market-Better-Americans.aspx • http://pewresearch.org/pubs/2086/china-students-united-states-pressure • http://www.pewglobal.org/2011/07/13/china-seen-overtaking-us-as-global-superpower/ • http://online.wsj.com/article/SB10001424052748703597204575483283996226648.html • http://munews.missouri.edu/news-releases/2011/0811-chinese-households-save-more- than-american-households-mu-study-finds/ • http://www.nottingham.ac.uk/news/pressreleases/2011/august/creditcardchina.aspx TM CreditDonkey %23 a GOOD THING . a BAD THING War on Job Is China Taking Over America's Position as the World's Leading Superpower? There seems to be no getting away from all of the seem- ingly knowledgably chatter about how soon the dawn of the Age of America will set upon us hastened by the loom- ing power that is China and its 1.3 billion people. We hear about China owns the bulk of American debt, as their China is even getting into credit cards, quite the move for the globs loan communist superpower. In October, the state-owned Bank of China announced to a number of media outlets that it will begin issuing American Express credit cards. Additionally, MasterCard Inc. recently was quoted in a number of articles to have predicted that China will be home to the world's largest credit card market by 2020 when it is estimated it will have 900 mil- economy zips along growing at 10% each year, as America's economy merely bobs in place in the water. lion credit cards in circulation. This visual story explores the trends powering this common thread of thought while at the same time looking into people's feelings on the possible chang- ing of the guard. Of American 35% households save money in case of emergency $5 The current pretax profit per credit card in China, according to Mastercard Inc. 19% Of American households save money for their children's education 2020 The year Mastercard Inc. expects China to overtake the U.S. as the world's largest credit-card market 800 The number of cards Mastercard Inc. predicts will be in circulation by 2020 to 900 million 11 The number of cards Mastercard Inc. predicts will be in circulation billion in China by 2025 The amount that Mastercard Inc. says $2.5 will be spent on those cards in 2025 trillion 11% The rate that the number of cards is expected to increase by, to 14% according to Mastercard, from 2010 to 2025 $30 The predicted pretax profit per credit card in China in 2025, according to Mastercard Inc. Nearly of Chinese households save money in case of emergency 60% 590% of Chinese urban households save money for their children's education Percentage of those who believe China has or will replace the U.S. as World's Leading Superpower 64% 46% Percentage of those who believe China will NEVER replace 45% the U.S. as World's Leading Superpower Believes 17% in CHINA in the U.S. 34% 2% 15% and that it is a GOOD THING 21% ... a BAD THING Percentage of those who believe that the U.S. is the world's leading economic power 72% Percentage of those who say it is a bad time to find a job Percentage who feels it would be GOOD for China's military to become 56% Percentage who feels it would be BAD for as powerful as the U.S.'s OPPortunite 48% China's military to become as powerful as the U.S.'s Percentage of those who say the economic 80% conditions in their communities are 84% CHINA 8% U.S. 85% getting better Terror Education 64% 64% 6% CHINA 11% 11% Percentage of those who say U.S. Percentage of those parents aren't putting enough pressure on students 80% who say Percentage who favor U.S. led fight against terrorism parents aren't putting TOO MUCH 23% pressure on students The real facts Oil Production National GDP % of Global GDB, (bbl/Day 2011) 2011 U.S.'s Area 3,794,101 sq mi China's Area 23% 3,704,427 sq mi 9.0 m Oil Annual Inflation Rate in Consumption (ьы/Day 2011) 10% HAERBIN 4.0 m 3.9% SEATTLE September, 2011 18.7 m EConOmics Industry BEIJING I URUMQI 6.1% SAN FRANCISCO BOSTON CHINA CHINA 8.2 m CHICAGO NEW YORK U.S. DENVER XIAN U.S. LOS ANGELES NANJING ATLANTAI 313.2 m SHANGAI 418 Merchant Marine Strength CHỐNGBING DALLAS 8 MIAMI KUNMING 21 HONG KONG 2,010 Active Military Personnel 1,336.7 m Major Ports & Terminals Population 19,573 17,470 1.477 m Tanks Military 18,234 Total Aircraft 14,092 6,417 O1,389 11 2.285 m CHINA Helicopters U.S. Aircraft Carriers 59 Destroyers 26 1.458 m 75 55 Active Submarines Reserve Personnel 800 k Percentage of chinese very happy with course of nation Percentage of Chinese that say China's economic situation is good 87% 91% 30 Мonths the jobless rate has been near 90 The number of countries 9 percent or higher and regions that Shanghai-based UnionPay issued credit cards are accepted Americans' Perceptions about the World's Leading Economy Values in % Which country Americans think is the leading economic power in the world today Which country Americans think will be the world's leading economic power in 20 years 65 the U.S. 52 55 47 the U.S. 40 39 35 32 37 34 33 31 15. 10 China China 2000 2008 2009 2011 2000 2008 2009 2011 Sources: • US Library of Congress; Central Intelligence Agency; Fighting Forces • http://www.bls.gov/cpi/cpid1109.pdf • http://www.gallup.com/poll/150224/Chinese-Rate-Job-Market-Better-Americans.aspx • http://pewresearch.org/pubs/2086/china-students-united-states-pressure • http://www.pewglobal.org/2011/07/13/china-seen-overtaking-us-as-global-superpower/ • http://online.wsj.com/article/SB10001424052748703597204575483283996226648.html • http://munews.missouri.edu/news-releases/2011/0811-chinese-households-save-more- than-american-households-mu-study-finds/ • http://www.nottingham.ac.uk/news/pressreleases/2011/august/creditcardchina.aspx TM CreditDonkey %23 a GOOD THING . a BAD THING War on Job Is China Taking Over America's Position as the World's Leading Superpower? There seems to be no getting away from all of the seem- ingly knowledgably chatter about how soon the dawn of the Age of America will set upon us hastened by the loom- ing power that is China and its 1.3 billion people. We hear about China owns the bulk of American debt, as their China is even getting into credit cards, quite the move for the globs loan communist superpower. In October, the state-owned Bank of China announced to a number of media outlets that it will begin issuing American Express credit cards. Additionally, MasterCard Inc. recently was quoted in a number of articles to have predicted that China will be home to the world's largest credit card market by 2020 when it is estimated it will have 900 mil- economy zips along growing at 10% each year, as America's economy merely bobs in place in the water. lion credit cards in circulation. This visual story explores the trends powering this common thread of thought while at the same time looking into people's feelings on the possible chang- ing of the guard. Of American 35% households save money in case of emergency $5 The current pretax profit per credit card in China, according to Mastercard Inc. 19% Of American households save money for their children's education 2020 The year Mastercard Inc. expects China to overtake the U.S. as the world's largest credit-card market 800 The number of cards Mastercard Inc. predicts will be in circulation by 2020 to 900 million 11 The number of cards Mastercard Inc. predicts will be in circulation billion in China by 2025 The amount that Mastercard Inc. says $2.5 will be spent on those cards in 2025 trillion 11% The rate that the number of cards is expected to increase by, to 14% according to Mastercard, from 2010 to 2025 $30 The predicted pretax profit per credit card in China in 2025, according to Mastercard Inc. Nearly of Chinese households save money in case of emergency 60% 590% of Chinese urban households save money for their children's education Percentage of those who believe China has or will replace the U.S. as World's Leading Superpower 64% 46% Percentage of those who believe China will NEVER replace 45% the U.S. as World's Leading Superpower Believes 17% in CHINA in the U.S. 34% 2% 15% and that it is a GOOD THING 21% ... a BAD THING Percentage of those who believe that the U.S. is the world's leading economic power 72% Percentage of those who say it is a bad time to find a job Percentage who feels it would be GOOD for China's military to become 56% Percentage who feels it would be BAD for as powerful as the U.S.'s OPPortunite 48% China's military to become as powerful as the U.S.'s Percentage of those who say the economic 80% conditions in their communities are 84% CHINA 8% U.S. 85% getting better Terror Education 64% 64% 6% CHINA 11% 11% Percentage of those who say U.S. Percentage of those parents aren't putting enough pressure on students 80% who say Percentage who favor U.S. led fight against terrorism parents aren't putting TOO MUCH 23% pressure on students The real facts Oil Production National GDP % of Global GDB, (bbl/Day 2011) 2011 U.S.'s Area 3,794,101 sq mi China's Area 23% 3,704,427 sq mi 9.0 m Oil Annual Inflation Rate in Consumption (ьы/Day 2011) 10% HAERBIN 4.0 m 3.9% SEATTLE September, 2011 18.7 m EConOmics Industry BEIJING I URUMQI 6.1% SAN FRANCISCO BOSTON CHINA CHINA 8.2 m CHICAGO NEW YORK U.S. DENVER XIAN U.S. LOS ANGELES NANJING ATLANTAI 313.2 m SHANGAI 418 Merchant Marine Strength CHỐNGBING DALLAS 8 MIAMI KUNMING 21 HONG KONG 2,010 Active Military Personnel 1,336.7 m Major Ports & Terminals Population 19,573 17,470 1.477 m Tanks Military 18,234 Total Aircraft 14,092 6,417 O1,389 11 2.285 m CHINA Helicopters U.S. Aircraft Carriers 59 Destroyers 26 1.458 m 75 55 Active Submarines Reserve Personnel 800 k Percentage of chinese very happy with course of nation Percentage of Chinese that say China's economic situation is good 87% 91% 30 Мonths the jobless rate has been near 90 The number of countries 9 percent or higher and regions that Shanghai-based UnionPay issued credit cards are accepted Americans' Perceptions about the World's Leading Economy Values in % Which country Americans think is the leading economic power in the world today Which country Americans think will be the world's leading economic power in 20 years 65 the U.S. 52 55 47 the U.S. 40 39 35 32 37 34 33 31 15. 10 China China 2000 2008 2009 2011 2000 2008 2009 2011 Sources: • US Library of Congress; Central Intelligence Agency; Fighting Forces • http://www.bls.gov/cpi/cpid1109.pdf • http://www.gallup.com/poll/150224/Chinese-Rate-Job-Market-Better-Americans.aspx • http://pewresearch.org/pubs/2086/china-students-united-states-pressure • http://www.pewglobal.org/2011/07/13/china-seen-overtaking-us-as-global-superpower/ • http://online.wsj.com/article/SB10001424052748703597204575483283996226648.html • http://munews.missouri.edu/news-releases/2011/0811-chinese-households-save-more- than-american-households-mu-study-finds/ • http://www.nottingham.ac.uk/news/pressreleases/2011/august/creditcardchina.aspx TM CreditDonkey %23 a GOOD THING . a BAD THING War on Job Is China Taking Over America's Position as the World's Leading Superpower? There seems to be no getting away from all of the seem- ingly knowledgably chatter about how soon the dawn of the Age of America will set upon us hastened by the loom- ing power that is China and its 1.3 billion people. We hear about China owns the bulk of American debt, as their China is even getting into credit cards, quite the move for the globs loan communist superpower. In October, the state-owned Bank of China announced to a number of media outlets that it will begin issuing American Express credit cards. Additionally, MasterCard Inc. recently was quoted in a number of articles to have predicted that China will be home to the world's largest credit card market by 2020 when it is estimated it will have 900 mil- economy zips along growing at 10% each year, as America's economy merely bobs in place in the water. lion credit cards in circulation. This visual story explores the trends powering this common thread of thought while at the same time looking into people's feelings on the possible chang- ing of the guard. Of American 35% households save money in case of emergency $5 The current pretax profit per credit card in China, according to Mastercard Inc. 19% Of American households save money for their children's education 2020 The year Mastercard Inc. expects China to overtake the U.S. as the world's largest credit-card market 800 The number of cards Mastercard Inc. predicts will be in circulation by 2020 to 900 million 11 The number of cards Mastercard Inc. predicts will be in circulation billion in China by 2025 The amount that Mastercard Inc. says $2.5 will be spent on those cards in 2025 trillion 11% The rate that the number of cards is expected to increase by, to 14% according to Mastercard, from 2010 to 2025 $30 The predicted pretax profit per credit card in China in 2025, according to Mastercard Inc. Nearly of Chinese households save money in case of emergency 60% 590% of Chinese urban households save money for their children's education Percentage of those who believe China has or will replace the U.S. as World's Leading Superpower 64% 46% Percentage of those who believe China will NEVER replace 45% the U.S. as World's Leading Superpower Believes 17% in CHINA in the U.S. 34% 2% 15% and that it is a GOOD THING 21% ... a BAD THING Percentage of those who believe that the U.S. is the world's leading economic power 72% Percentage of those who say it is a bad time to find a job Percentage who feels it would be GOOD for China's military to become 56% Percentage who feels it would be BAD for as powerful as the U.S.'s OPPortunite 48% China's military to become as powerful as the U.S.'s Percentage of those who say the economic 80% conditions in their communities are 84% CHINA 8% U.S. 85% getting better Terror Education 64% 64% 6% CHINA 11% 11% Percentage of those who say U.S. Percentage of those parents aren't putting enough pressure on students 80% who say Percentage who favor U.S. led fight against terrorism parents aren't putting TOO MUCH 23% pressure on students The real facts Oil Production National GDP % of Global GDB, (bbl/Day 2011) 2011 U.S.'s Area 3,794,101 sq mi China's Area 23% 3,704,427 sq mi 9.0 m Oil Annual Inflation Rate in Consumption (ьы/Day 2011) 10% HAERBIN 4.0 m 3.9% SEATTLE September, 2011 18.7 m EConOmics Industry BEIJING I URUMQI 6.1% SAN FRANCISCO BOSTON CHINA CHINA 8.2 m CHICAGO NEW YORK U.S. DENVER XIAN U.S. LOS ANGELES NANJING ATLANTAI 313.2 m SHANGAI 418 Merchant Marine Strength CHỐNGBING DALLAS 8 MIAMI KUNMING 21 HONG KONG 2,010 Active Military Personnel 1,336.7 m Major Ports & Terminals Population 19,573 17,470 1.477 m Tanks Military 18,234 Total Aircraft 14,092 6,417 O1,389 11 2.285 m CHINA Helicopters U.S. Aircraft Carriers 59 Destroyers 26 1.458 m 75 55 Active Submarines Reserve Personnel 800 k Percentage of chinese very happy with course of nation Percentage of Chinese that say China's economic situation is good 87% 91% 30 Мonths the jobless rate has been near 90 The number of countries 9 percent or higher and regions that Shanghai-based UnionPay issued credit cards are accepted Americans' Perceptions about the World's Leading Economy Values in % Which country Americans think is the leading economic power in the world today Which country Americans think will be the world's leading economic power in 20 years 65 the U.S. 52 55 47 the U.S. 40 39 35 32 37 34 33 31 15. 10 China China 2000 2008 2009 2011 2000 2008 2009 2011 Sources: • US Library of Congress; Central Intelligence Agency; Fighting Forces • http://www.bls.gov/cpi/cpid1109.pdf • http://www.gallup.com/poll/150224/Chinese-Rate-Job-Market-Better-Americans.aspx • http://pewresearch.org/pubs/2086/china-students-united-states-pressure • http://www.pewglobal.org/2011/07/13/china-seen-overtaking-us-as-global-superpower/ • http://online.wsj.com/article/SB10001424052748703597204575483283996226648.html • http://munews.missouri.edu/news-releases/2011/0811-chinese-households-save-more- than-american-households-mu-study-finds/ • http://www.nottingham.ac.uk/news/pressreleases/2011/august/creditcardchina.aspx TM CreditDonkey %23 a GOOD THING . a BAD THING War on Job

China vs US Economy: Perceptions, Opportunities and the Real Facts

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A comparison between major economical and social beliefs in China and the U.S., extracted from different recent surveys in the two countries. It has been published on creditdonkey website on 12th of F...

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