Australian Trade in India and China Essay Example | Topics and Well Written Essays - 1000 words

Australian Trade in India and China - Essay Example The rapidly expanding Chinese economy has steadily resulted in solid infrastructural development. This in turn has allowed for the increased prosperity of many within mainland China. With rising personal disposable incomes, comes increased consumption demand and thus growing domestic expenditure. Chinese imports are gradually increasing, thus presenting a myriad of opportunities for suppliers of raw materials and products in various stages of production. Political relations between China and Australia have significantly improved in recent years. An example of the bilateral co-operation includes the Sino-Australian parliamentary exchange conference held in May 2007. The Chinese economy - a renowned net exporter - boasted a current account surplus of $359 billion in 2007 and a net figure of Foreign Direct Investment of $83 billion. All in all, the Chinese foreign reserves stand at $1.5 trillion for the year ending 2007. (Sino-Australian parliamentary exchange conference. Embassy of the People's Republic of China in Australia) This bodes exceptionally well for investment opportunity. With such rapid development and a large and economically powerful buying market, the Chinese sector presents immense profitable opportunity potential to Australian investors. The Chinese housing market; share markets and general government reluctance to allow inflationary pressures to impact on the economy have resulted in an investor safe-haven in the Chinese domestic market. Few economies can lay claim to such robust growth rates as the Chinese economy. With rising prices, spurned by the inflationary pressures of petroleum supplies; food prices and general dollar w eakness, the Chinese government is intent on protecting the domestic economy from global pressures. Investments in Chinese infrastructure allow for significant benefits to International Donor Financiers. The following statistical data was compiled by the World Bank regarding China 2003 2004 2005 2006 2007 A. Real Expenditure Growth 1. GDP at market prices 10.0 10.1 10.2 10.7 9.6 2. Private consumption 6.6 7.0 7.0 9.0 8.5 3. Government consumption 6.4 7.2 9.0 8.8 8.0 4. Fixed investment 17.0 11.6 8.8 8.9 8.2 5. Exports, GNFS 26.8 28.4 24.3 23.6 19.1 6. Imports, GNFS 24.8 22.5 12.0 19.5 18.8 B. Contribution to GDP Growth 1. Private consumption 2.9 3.0 2.9 3.6 3.4 2. Government consumption 1.0 1.1 1.4 1.3 1.2 3. Fixed investment 6.1 4.4 3.4 3.4 3.1 4. Net exports 1.3 2.8 5.3 3.8 2.5 C. Price Deflators 1. GDP at market prices 2.6 6.9 2.1 3.1 5.6 2. Private consumption 1.4 4.9 2.9 4.5 6.8 3. Exports, GNFS 4.7 5.3 1.7 3.7 0.9 4. Imports, GNFS 9.7 10.3 4.9 7.2 0.4 D. Share of GDP 1. Private consumption 41.8 39.9 39.1 39.0 39.0 2. Government consumption 15.2 14.5 14.6 14.7 14.6 3. Fixed investment 39.4 40.7 41.3 41.6 41.4 4. Change in stocks 1.8 2.5 0.0 -1.1 -1.2 5. Total investment 41.2 43.3 41.2 40.5 40.1 6. Exports, GNFS 29.6 34.0 38.1 42.8 44.4 7. Imports, GNFS 27.4 31.4 32.8 36.8 38.0 E. Memo 1. Nominal GDP (USD billions) 1640.4 1930.9 2171.7 2477.4 2867.6 2. Population (millions) 1300.0 1308.0 1315.8 1324.1 1332.4 3. GDP per capita, current USD 1261.8 1476.2 1650.4 1871.0 2152.2 4. Real per capita GDP growth 9.3 9.4 9.5 10.0 8.9 5. USD Fx rate 8.3 8.3 8.2 8.0 7.6 6. Current account balance (% GDP) 2.8 3.6 7.4 9.3 9.2 7. General government bal. (% GDP) -2.5 -1.5 -1.7 -0.5 -0.8 India presents with multiple challenges notably generally

Mutation of the Television Police Drama through the Decades Essay

Mutation of the Television Police Drama through the Decades - Essay Example Based upon current adjustments that set would cost almost three thousand dollars today! It is interesting to note that same advert also listed prices for the above mentioned replacement tubes. If it wasn’t already, the Kennedy assassination in 1963 showed the worthwhile effectiveness of TV. By then radio and television had done a flip-flop with one another, with radio becoming mainly a musical formal, while drama and other programming had become almost nonexistent. Television sets in America numbered in the millions and it is said that television caused LBJ not to seek reelection in ’68, stating in response to a CBS editorial on ending the Viet Nam war â€Å"If I've lost Cronkite, I've lost middle America†. Color programming was prevalent by the late sixties. (Stephens) Yet neither of those eras would recognize the modern television, or even believe the new technology. The modern flat screen television is solid state and basically TV repair shops have gone away. Cable and satellite services with crisp pictures are the norm and even broadcast channels require a converter box on older sets. Even the set itself is said to be in danger, as those watching television shows via their computers have grown considerably in the first decade of this century. Even the programming itself has vastly changed. From Howdy Doody and Jack Benny in the forties, these days there is almost every kind of channel imaginable, for whatever subject one is interested in. Sports? Try ESPN, Outdoor Channel, and even specialty networks like the Golf Channel. Children are well represented also, as Disney, Nick, and Cartoon Network are all very popular. The Jack Benny style variety show is still around but quite different, with shows such as Saturday Night Live. History of the Cop Show. However, nowhere are things any more different than the police drama. The genre was pioneered on TV by Jack Webb, bringing his Dragnet from radio in 1951, and the show lasted for over twenty years. The show was indeed groundbreaking for its time with the show’s stars rotating between the various divisions. Dragnet was realistic because it was filmed in cooperation with the Los Angeles Police Department and the Department provided advisors. Genres have come and gone but the police drama has been a constant. There has not been a season since 1951 that did not have at least one cop show. Indeed the genre is still popular, for the fall 2011 has eleven police dramas and one comedy featuring a police officer (Mike and Molly). This includes a hybrid mixture of the wildly popular reality series and gritty police drama, the long running Fox series Cops. In that show, a camera crew rides along with an actual police patrol and experiences the same comedy and moments of high tension that a policeman endures during his average patrol. Of course several of the most popular police dramas use a mixture of science and police work. Evidentiary procedure has come into the forefron t of the American mindset, especially since the highly televised OJ Simpson murder trial. Therefore the crime scene investigator researching DNA and other scientific evidence to bring the killer to justice works along side the policemen on these shows. Some of the things that they show on the CSI type programs do seem a bit farfetched and police departments are quick to point out that crimes aren’