SCI International recently stated that aluminum consumption by the auto industry in China will drop to 210,000-220,000 tons as compared to a prior-forecast of 250,000 tons, indicating a drop of 14%. This will increase the oversupply situation in the industry and lead to weaker prices. On the other hand, in Europe, the rate of growth in car sales is decelerating, which is another reason to worry for
The number of car ownership is rapid increasing from 1993 to now. However, China has much lower emission standards for the vehicle, the MEP said that 7.8 percent of the cars on the roads do not meet even the current minimum national emission standards. In addition, the container ship emission, indoor air pollution, and fireworks also are sources of the air pollution. The air pollution has lots of impact for the society and each Chinese people. It will increase the economic costs of air pollution, the Chinese Academy of Environmental Planning estimated the cost for the pollution and damage to the ecosystem increased to USD 230 billion in 2010, which is 3.5 percent of the GDP.
This evidence helps show that electric vehicles can be more cost effective by three times compared to regular cars. The author also stated that the average electric vehicle can make it forty-three miles from one-dollar worth of electricity. This is about one fourth of the cost of a gallon of regular gas. In IEEE’s article the authors said, “In the next 10 to 20 years, changes in vehicular transportation will be driven by escalating fossil fuel prices,” (Austin Micheal and Russ Lefevre). The writer predicts major changes in the car industry because of the huge surge in gas prices.
Return on asset % decreased in 2014 from 2013 and increased by very less margin i.e. 0.02% in 2015. Return on equity % decreased in the year 2014 and again increased in 2015 . 3)As an investor having made the analysis of financial position of both the companies, which company would you invest in when it comes to portfolios. According to financials, Citigroup is the third-largest U.S. bank by assets, reporting a 4 percent jump in the first quarter profit advanced 4.2 percent to $47.62 that beat analysts' expectation which helped by lower loan loss reserves.
The brand credibility also could have added to Toyota greatly underperforming in the United States. “Toyota’s fiscal second-quarter profit in North America declined over 3%” (Document E). If Toyota does not take action, their sales profits might decrease exponentially and they may not be able to recuperate. Toyota’s underperforming also contributes to the fact that the company itself has had major financial losses over the years. As shown in Document E, “..., an emerging-markets slowdown and sluggish North American profit”.
Water and air pollution has damages the material and crop. Crop damaged by acid rain costs 30 billion and 7 billion in material damage. The study in 2003 shows that cost of water and air pollution was about 2.68% of GDP which was 362 billion yuan. After USA, China is the world second largest consumption of energy. Though the reduction of emission of SO2 decreased from 1980, still China is among the world largest polluted country.
China is losing arable land because of economic development. In 2010-11, China faced high inflation resulting largely from its credit-fueled stimulus program. And the government's 12th Five-Year Plan, adopted in March 2011, emphasizes continued economic reforms and the need to increase domestic consumption in order to make the economy less dependent on exports in the future. However, China has made only marginal progress toward these rebalancing goals.” (Anon.,
5 - China: Although China does not publish official statistics on mental health, most evidence suggests that its depression rate is on the rise. China may be home to more than 30 million depression patients, or 3% - 5% of the total population, according to a 2012 report by the market data company Research and Markets. The report indicates that the country's antidepressant market is booming. About £326m of the drugs were sold in 2012 - a small portion of China's pharmaceuticals market as a whole, but growing quickly, with a 22.6% increase on 2011. 6 - India: The National Crime Records Bureau (NCRB) statistics reveal that a total of 1,35,445 people in India committed suicide in 2012 which amounts to an average of 15 suicides an hour or 371 suicides daily.
Because of this, you can see a drop in their prices within just a few months, depending on the device itself. Economic Trends It is an easy argument to win that cell phones have done great things for the global economy. One way to analyze this economic impact is to look at the GDP (gross domestic product) increase in relation to data usage. One such study conducted by Deloitte concludes that “for every 10% shift in American markets from 2G to 3G between 2008 and 2011, per capita GDP increased by 0.4%. (Hendrix, 2012).
Some of those policies are: imports quota and tariff safeguards. Ecuador is experiencing an economic crisis since a couple of years ago due to the decrease in price of oil, which in 2014 was record ear USD 105,24 and by early 2015 it dropped to USD 47,5. The reason behind the decision of applying safeguard measures is to regulate the imports and stabilize the Trade Balance. Another big factor that has impacted the Ecuadorian economy is the appreciation of US dollar; this has a negative effect because the price of Ecuadorian products exported to European and Asian markets increases and are no longer competitive against other