This presentation is about the Asian economy. During this presentation I will discribe the economic situation of China and Japan.

1. ASIAN
ECONOMY
Charlotte Vereecke

2. CONTENT
 Economic situation, China
 Economic situation, Japan

3. CHINA
 Second largest economy after United States
 Past 30 years, growth rates of 10%
 Now: more money to spend, better pensions, healthcare
insurances

4. CHINA
 China is doing very well
 But: problems about the distance between poor and rich
 TASK!  ADRESS THE ECONOMIC IMBALANCE
 Many families can’t afford a normal house
 Divided in two areas: poor and rich area
Thriving economy can’t please everyone
poor people remain poor!

5. CHINA
 China’s economy  still growing
 But
 Third quarter, growth slowed to 9,6%-> no reason to panic
 9,6% was above the predictions
 Also the industrial growth slowed

6. CHINA
 Short-term
 Slowing Chinese economy can bring down the global growth
 Important impact on other countries Australia
 Long-term
 Figures showed a positive development

7. JAPAN
 Japan is doing much worse than China
 Deflation
 Output declined sharply

8. JAPAN
 Factory production slumped in a spectacular
way
Industrial output fell by 1,9%  much more than expectations!
 Deflation
Due to the strong yen  at its 15 year high against the dollar
Strong yen  price of importing goods is very low
 Result: companies are required to decrease the selling price, have to
cut in their production

9. JAPAN
 Positive point: Japanese economy added jobs
5,1%  5%
 Worst of the job slump is over
But the improvements  very low

10. CONCLUSION
 Chinese economy is doing very well
 Japan is in a deep deflation