Markets
Map: China’s Provinces Rival Countries in Population Size
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Chart: China’s Provinces Rival Countries in Population Size
The very mention of China triggers both awe and anxiety in the mainstream media.
With the globe’s largest GDP (PPP) at $23.12 trillion, China is indisputably a close contender for the title of world’s largest economic superpower along with the United States.
But what makes this possible in the first place? The country’s economic clout arguably stems from its human capital: a 1.4 billion-strong population.
A Force to be Reckoned With
Each of China’s 33 distinct regions is home to a population size on par with entire countries:
Chinese Province | Population (millions) | Comparable Countries | Population (millions) |
---|---|---|---|
🇨🇳 Anhui | 62 | 🇫🇷 France | 64.5 |
🇨🇳 Beijing | 21.7 | 🇫🇮 Finland, 🇸🇪 Sweden, 🇳🇴 Norway | 20.7 |
🇨🇳 Chongqing | 30.5 | 🇸🇦 Saudi Arabia | 31.7 |
🇨🇳 Fujian | 38.7 | 🇦🇫 Afghanistan | 34.6 |
🇨🇳 Gansu | 26.1 | 🇾🇪 Yemen | 29.1 |
🇨🇳 Guangdong | 110 | 🇵🇠Philippines | 103.2 |
🇨🇳 Guangxi | 48.4 | 🇨🇴 Colombia | 48.7 |
🇨🇳 Guizhou | 35.5 | 🇲🇦 Morocco | 34.5 |
🇨🇳 Hainan | 9.1 | 🇦🇹 Austria | 8.7 |
🇨🇳 Hebei | 74.7 | 🇹🇠Thailand | 69 |
🇨🇳 Heilongjiang | 38 | 🇮🇶 Iraq | 37.9 |
🇨🇳 Henan | 95.3 | 🇪🇬 Egypt | 90.2 |
ðŸ‡ðŸ‡° Hong Kong | 7.3 | 🇯🇲 Jamaica, 🇨🇷 Costa Rica | 7.7 |
🇨🇳 Hubei | 58.8 | 🇰🇷 South Korea | 51.2 |
🇨🇳 Hunan | 68.2 | 🇬🇧 United Kingdom | 65.6 |
🇨🇳 Jiangsu | 80 | 🇹🇷 Turkey | 79.8 |
🇨🇳 Jiangxi | 45.9 | 🇦🇷 Argentina | 43.6 |
🇨🇳 Jilin | 27.3 | 🇬🇠Ghana | 27.6 |
🇨🇳 Liaoning | 43.8 | 🇪🇸 Spain | 46.4 |
🇲🇴 Macau | 0.61 | 🇲🇪 Montenegro | 0.62 |
🇨🇳 Inner Mongolia | 25.2 | 🇩🇰 Denmark, 🇱🇺 Luxembourg, 🇳🇱 Netherlands | 23.3 |
🇨🇳 Ningxia | 6.7 | 🇸🇻 El Salvador | 6.3 |
🇨🇳 Qinghai | 5.9 | 🇸🇬 Singapore | 5.6 |
🇨🇳 Shaanxi | 38.1 | 🇵🇱 Poland | 38 |
🇨🇳 Shandong | 99.5 | 🇻🇳 Vietnam | 92.7 |
🇨🇳 Shanghai | 24.2 | 🇷🇴 Romania, ðŸ‡ðŸ‡· Croatia | 24.5 |
🇨🇳 Shanxi | 36.8 | 🇨🇦 Canada | 36.2 |
🇨🇳 Sichuan | 82.6 | 🇩🇪 Germany | 82.3 |
🇨🇳 Tianjin | 15.6 | 🇸🇰 Slovakia, 🇨🇿 Czech Republic | 16 |
🇨🇳 Xinjiang | 24 | 🇦🇺 Australia | 24.4 |
🇨🇳 Xizang (Tibet) | 3.3 | 🇺🇾 Uruguay | 3.5 |
🇨🇳 Yunnan | 47.7 | 🇰🇪 Kenya | 45.4 |
🇨🇳 Zhejiang | 55.9 | 🇿🇦 South Africa | 55.6 |
To drill down further, China is composed of:
- 4 municipalities
- 5 autonomous regions
Guangxi, Inner Mongolia, Ningxia, Tibet, and Xinjiang - 2 special administrative regions (SAR)
Hong Kong and Macau
Beijing, Chongqing, Shanghai, and Tianjin
The remaining 22 are the officially-labeled provinces of China.
It’s worth noting that Taiwan is also claimed as one of China’s provinces, even though there is some ambiguity and disagreement around Taiwan’s actual political status.
Nevertheless, it’s clear that every region, and especially the massive cities with them, are substantial contributors to the country’s growth and success.
A New Demographic Era Ahead
Going forward, China’s population may cease to be a strength that contributes to rapid economic growth.
In the wake of the infamous one child policy, the country could soon by dealing with the demographic time bomb of a rapidly aging population.
Source: Population Pyramid
By 2050, almost four in ten people in China will be above the age of 60, which will create an added strain on the already declining working-age population.
The good news for China?
The country is making moves to combat the challenges ahead, including ambitious plans to build a $1 trillion artificial intelligence industry by 2030 – an attempt to close the impending labor gap.
Markets
Will Tesla Lose Its Spot in the Magnificent Seven?
We visualize the recent performance of the Magnificent Seven stocks, uncovering a clear divergence between the group’s top and bottom names.
Will Tesla Lose Its Spot in the Magnificent Seven?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
In this graphic, we visualize the year-to-date (YTD) performance of the “Magnificent Seven”, a leading group of U.S. tech stocks that gained prominence in 2023 as the replacement of FAANG stocks.
All figures are as of March 12, 2024, and are listed in the table below.
Rank | Company | YTD Change (%) |
---|---|---|
1 | Nvidia | 90.8 |
2 | Meta | 44.3 |
3 | Amazon | 16.9 |
4 | Microsoft | 12 |
5 | 0.2 | |
6 | Apple | -6.7 |
7 | Tesla | -28.5 |
From these numbers, we can see a clear divergence in performance across the group.
Nvidia and Meta Lead
Nvidia is the main hero of this show, setting new all-time highs seemingly every week. The chipmaker is currently the world’s third most valuable company, with a valuation of around $2.2 trillion. This puts it very close to Apple, which is currently valued at $2.7 trillion.
The second best performer of the Magnificent Seven has been Meta, which recently re-entered the trillion dollar club after falling out of favor in 2022. The company saw a massive one-day gain of $197 billion on Feb 2, 2024.
Apple and Tesla in the Red
Tesla has lost over a quarter of its value YTD as EV hype continues to fizzle out. Other pure play EV stocks like Rivian and Lucid are also down significantly in 2024.
Meanwhile, Apple shares have struggled due to weakening demand for its products in China, as well as the company’s lack of progress in the artificial intelligence (AI) space.
Investors may have also been disappointed to hear that Apple’s electric car project, which started a decade ago, has been scrapped.
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