In this work I am going to talk about the economy of Asia, their most powerful countries, im going to give general information about each one and a map of the continent, im going to show the exports and imports of those countries and a brief conclusion.
The economy of Asia comprises more than 4 billion people (60% of the world population) living in 46 differentstates. Six further states lie partly in Asia, but are considered to belong to another region economically and politically. China is the largest economy in Asia and the second largest economy in the world.
As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of differing cultures, environments, historical tiesand government systems. The largest economies in Asia in terms of both nominal and PPP gross domestic product (GDP) are the People's Republic of China, Japan, India, South Korea and Indonesia.
Wealth (if measured by GDP per capita) is mostly concentrated in east Asian territories such as Hong Kong, Japan, South Korea, Singapore and Taiwan, as well in oil rich Middle Eastern countries such as Iran,Saudi Arabia, Qatar, United Arab Emirates. Asia, with the exception of Japan, South Korea, Taiwan, Hong Kong and Singapore, is currently undergoing rapid growth and industrialization spearheaded by China and India - the two fastest growing major economies in the world. While east Asian and southeast Asian countries generally rely on manufacturing and trade for growth, countries in the Middle Eastdepend more on the production of commodities, principally oil, for economic growth. Over the years, with rapid economic growth and large trade surplus with the rest of the world, Asia has accumulated over US$4 trillion of foreign exchange reserves - more than half of the world's total.
Oficially the People's Republic of China (PRC), is the most populous state in theworld, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres (3.7 million square miles). It is the world's second-largest country by land area, and the third- or fourth-largest in total area, depending on the definition of total area.
The People's Republic of China is a single-party state governed by the Communist Party ofChina (CPC). The PRC exercises jurisdiction over 22 provinces, five autonomous regions, four directly controlled municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and two mostly self-governing special administrative regions (SARs), Hong Kong and Macau. Its capital city is Beijing. The PRC also claims the island of Taiwan, controlled by the government of the Republic of China(ROC), as its 23rd province, a claim controversial due to the complex political status of Taiwan and the unresolved Chinese Civil War.
China’s landscape is vast and diverse, with forest steppes and the Gobi and Taklamakan deserts occupying the arid north and northwest near Mongolia and Central Asia, and subtropical forests being prevalent in the wetter south near Southeast Asia. The terrain ofwestern China is rugged and elevated, with the towering Himalaya, Karakorum, Pamir and Tian Shan mountain separating China from South and Central Asia. The world’s apex, Mt. Everest (8,848 m), and second-highest point, K2 (8,611 m), lie on China's borders, respectively, with Nepal and Pakistan. The country’s lowest and the world’s third-lowest point, Lake Ayding (-154 m), is located in the TurpanDepression. The Yangtze and Yellow Rivers, the third- and sixth-longest in the world, have their sources in the Tibetan Plateau and continue to the densely populated eastern seaboard. China’s coastline along the Pacific Ocean is 14,500 kilometres (9,000 mi) long (the 11th-longest in the world), and is bounded by the Bohai, Yellow, East and South China Seas.
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