Foreword by Janet Yellen
By TATUMN WALTER
ON AN AVERAGE DAY in China individuals watch television for 2 hours and 38 minutes, according to a 2009 study by China Central Television. This average time grew 6 minutes from 2008. It reversed a four-year trend where the average time spent watching television declined. By comparison, the average American in the first quarter of 2009 spent more than double this amount of time daily, or about 5 hours 15 minutes. The viewing time for Americans is increasing as well, going up two minutes a day to 5 hours 17 minutes in 2010.
By OWEN WANG
ON AN AVERAGE DAY IN CHINA, about 395 golf courses open their gates across the country, ready to serve more than 300,000 devoted Chinese golfers. Despite government restrictions on golf course development, the number of fairways and players has increased significantly in recent years. The number of Chinese golfers rose 11% in 2010, while construction of new courses grew by 9.6% in 2009 and 13.5% in 2010.
ON AN AVERAGE DAY in China hundreds of millions of dollars are spent on China’s military. According to the Chinese government, China will spend $45 billion (US$123,287,671 a day) on defense in 2007. The U.S. Defense Intelligence Agency believes that Chinese spending is significantly higher. The DIA believes that Chinese defense spending is between US$85 billion (US$232,876,712 a day) and US$125 billion (US$342,465,753 a day).
By TATUMN WALTER
ON AN AVERAGE DAY in 2010, roughly 679,500 people traveled by air in China, fewer than half the daily number in the U.S. (1,690,000). These domestic travelers departed on one of about 5,100 daily flights in the country, constituting an average flight load of about 133 passengers. Guotai Junan securities predicts that the industry will grow by 12.5% in 2011, resulting in 84,900 more passengers per day. Travel in the U.S., albeit much larger, is projected to grow by 2.4% in 2011, or 41,556 more flyers a day.
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By Clayton Dube
ON AN AVERAGE DAY in the United States, over 51,582 students in American colleges and universities study Chinese. The figure comes from a 2006 survey by the Modern Language Association of 2,795 institutions, about two-thirds of all institutions of higher learning in the United States.
By Lawrence Gu
ON AN AVERAGE DAY in China during Chunyun, over 3.9 million people board trains for family reunions, despite the average daily carrying capacity at 2.4 million. Chunyun (春运), or Spring Festival Travel Season, refers to the 40 day period mass migration of people around the Lunar New Year when traffic jams major transport systems, the railroads in particular.
ON AN AVERAGE DAY IN CHINA 5,233 couples complete divorce proceedings. Two-thirds handle their divorces through the civil affairs offices of their local government. One-third divorce through the courts. The divorce level in China has been rapidly increasing since the 1980s.
China and the state of California have built deep and interdependent socioeconomic exchanges that reverberate across the globe, and these interactions make California a microcosm of the most important international relationship of the twenty-first century. In his book, journalist Matt Sheehan chronicles the real people who are making these connections.
The USC U.S.-China Institute invites you to a presentation with Patrice Poujol on how blockchain technology changes the way films are financed, produced and distributed in China.