10 mind-boggling facts about China’s manufacturing sector
Posted by staff / August 2, 2013 Bank of America MerrillChinamanufacturingmanufacturing sectorChina is slowing significantly as its policymakers try to rebalance the economy as one driven by consumption rather than exports.
This is taking a toll on its manufacturing sector…
…But China’s manufacturing sector is still gargantuan.
Earlier this year, Bank of America Merrill Lynch’s David Cui published a report titled Not So Trivial Facts, which provides some stunning facts about the amount that China produces.
Here, in random order are some of the facts from this article:
China manufactures:
- nearly 17 times as many air conditioners per person than the rest of the world.
- more than 40 times as many personal computers per person than the rest of the world.
- more than 7 times as many pair of shoes per person as the rest of the world.
- more than 4 times as much coal per person than the rest of the world.
For the others, and for details about each sector, check out the original article here: The National Post.
Photo credit: Tomas Sereda – Fotolia.com
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