Forward’s report on industry numbers and statisticsdatapoints%
of
Po
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lat
ion
FRiend oR Foe?
THe RiSe oF deVeLoPinG nATionSBased on purchasing power parity (PPP), the economies of developing nations are expected to overcome those of developed nations by 2050.
70
60
50
40
30
20
China is not a problem
2009 GDP
Projected 2050 GDP
China is a serious problem/adversary
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
STATeS oF ConCeRn 48 of the 50 states faced budget deficits in fiscal year 2010.
less than $1 bn
$1 to $2 bn
More than $2 bn, less than $5 bn
$5 bn or greater
AverAge: $3,953,958,333
CA
AK
HINY
IL
NJDe
MD
FL
PA
MArI
NH
vT
AZ
NC
SC
gAALMS
LATX
OK
KS
Ne
SD
NDMT
WY
COUTNv
IDOr
NM Ar
MO
IA
MN
vAWv
OH
KY
TN
IN
MIWI
WA
CT
Me60,000
50,000
40,000
30,000
20,000
10,000
0
Bil
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2009
U.S
. Do
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S
China India U.S. Brazil Japan Russia Mexico Indonesia Germany U.K.
JuLy 2004 the united states resolves a long-standing semicon-ductor trade dispute with China after the united states files a complaint at the World trade organization.
FebRuARy 2002 Japan urges China to boost the value of the yuan.
JAnuARy 2002 Chinese yuan per u.s. dollar is 8.28.
oCTobeR 2005 treasury secretary John snow asks China for more cur-rency flexibility.
SePTembeR 2008 Big swings in China’s currency underline intense uncertainty over the yuan’s direction because of the global financial crisis.
noVembeR 2009 the People’s Bank of China acknowledges the case for a stronger yuan, but Chinese lead-ership refuses to make the yuan more flexible.
JAnuARy 2011 Chinese President Hu Jintao says the international cur-rency system dominated by the u.s. dollar is a “product of the past.”
fluctuations in americans’ opinion of China as an adversary correlate with major Chinese monetary policy headlines.
SoURCe: PRICeWateRhoUSeCooPeRS
SoURCe: CenteR on BUdGet and PolICy PRIoRItIeS
SoURCe: PeW ReSeaRCh CenteR
JuLy 2008 China pegs the yuan at 6.83 against the dollar, protecting China’s economy from the global financial crisis.
JuLy 2005 China revalues the yuan by 2.1 % and revises the rules governing its currency system.
June 2010 China allows yuan to appreciate by 2%.
then current events date of poll
SPreaD aD
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