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The Rise Of China: Eight Ways The Middle Kingdom Is Beating The United Kingdom

The Rise Of China: Eight Ways The Middle Kingdom Is Beating The United Kingdom
Asa Bennett
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Britain's Prime Minister David Cameron, left, and China's Premier Li Keqiang shake hands after delivering their statements at the Great Hall of the People in Beijing, China, Monday, Dec. 2, 2013. (AP Photo/Ed Jones, Pool)
ASSOCIATED PRESS

Chinese premier Li Kequiang is visiting Britain for a three-day visit, in which he is set to seal at least £17 billion worth of deals and hold talks on a variety of issues.

Coalition ministers have already moved to relax visa rules to help attract businesses and students from China, now the world's second largest economy.

China's massive business interests in Britain are already known, with former deputy prime minister Lord Prescott admitting that the UK was going "cap in hand" to China.

So how dominant is China? HuffPost UK presents eight ways the Middle Kingdom is beating Britain.

8 Ways China Beats Britain
China's economy is nearly four times bigger than ours(01 of08)
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China, the world's second largest economy, has a gross domestic product of approximately $9.2 trillion, according to the International Monetary Fund, dwarfing the UK's $2.5 trillion.
China produces nearly a tenth of the world's wealth(02 of08)
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China contributes around 8% of the world's gross domestic product, compared to the UK contributing just below 2%.
China is growing MUCH faster than us(03 of08)
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China's economy grew by 7.7% in 2013, a growth rate that Britain would kill for, as the UK's economy grew by just 1.7% in the same year, downgraded from a 2011 prediction of 2.9%.
China makes over 60 times as much steel per month(04 of08)
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China is the world's biggest steel producer, making 68,835 thousand tonnes worth in April alone. Meanwhile, the UK managed to produce just 1,090 thousand tonnes in the same month.
China needs much more oil than Britain(05 of08)
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Britain consumes just over 1.6 million barrels of oil a day, while China fuels itself on 10.7 million barrels of oil per day, with that demand set to soar to 11.1 million this year.
China is beating Britain in the art market(06 of08)
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China's art market is on the up, knocking the UK into third place back in 2010. It now has 24% of the global art market, compared to Britain's 20% share, according to the European Fine Art Foundation.
Each of us use more electricity (07 of08)
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China uses 54.19% less electricity per capita (2,585kWh) than Britain (5,643kWh), but of course there are many more of them so the country's overall consumption is greater.
And you could fit Britain into China nearly 40 times (08 of08)
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China has 39.8 times as much land area (3.748 million sq miles) as Britain does ((94,058 sq miles),
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