Great Comparison of US and Chinese Stats by CNBC

Wednesday, June 5, 2013 8:27
Posted in category The Big Picture

Just found one of the more interesting charts comparing US and Chinese statistics in the NBC article China’s strength could become its weakness

Don’t really have much to add except the most interesting of all the comparisons I think the difference in roads paved has to be the most interesting for me, and it is number I would love to dive into further simply because the road networks themselves are so different. Would also be fascinating to see what this would look like using 2050 China projections.

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3 Responses to “Great Comparison of US and Chinese Stats by CNBC”

  1. Matt says:

    June 5th, 2013 at 10:52 am

    Some dodgy looking figures in there:

    – The US health care budget seems to large, so I am assuming they are including medical research and medical subsidies etc.
    – The Carbon emissions is not an accurate figure, being it should be recorded on a population bases, e.g 1.3 Billion people are clearly going to produce a far higher carbon emission than 300 million.
    – The military budget is wrong, Chinese 2013 budget is about 100 Billion, while of the book figures range to as high as 300 Billion. On the other hand America’s on the book official budget is 560 Billion with an of the book spend of 1-2 trillion. The figure shows that they have taken the of the book Chinese figure, and compared it to the US official figure, smudging the statistical data.

  2. Rich says:

    June 6th, 2013 at 1:03 am

    @matt – statistics are a funny thing, and without knowing th exact source (i.e. OECD, NBS, etc), it is hard to say how they calculate things like healthcare… could be they calculated, or could be OECD aggregated a but of line items from NBS..

    For carbon footprint though, be careful. china is now past Europe p/cap emissions and within the next few years will be passed US p/cap figures. dirty little secret being the fact that China’s urbanites have one of the highest per cap emissions globally. Shanghai ranks at the very top with NYC and LA being higher, but they are above Tokyo and Hong Kong. So, pretty soon they are going to be biggest producer by all measures… and it is not exports that are leading the growth anymore.

  3. Chee Ming says:

    June 6th, 2013 at 8:48 pm

    From the statistic for HS education alone, it looks like China is heading straight into the middle income trap. If China cannot create enough jobs for their graduates, which means they are still relying on low-skilled jobs to boost their economy and failed to transform their economy to a knowledge-based one.

    Sorry for being Captain Obvious.

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