The Chinese Motorcycle Manufacturing Industry

[MJH]

Chinese 2011 total exports 10,744,684 units

Claimed value of those exports 510,570.70
Amount of foreign exchange (million U.S. dollars)
$510,570,700.00/10,744,684=$47.52 average value?

When dollars are represented in million…every 1,000 equals 1,000,000, the value of the export have to be more then 510 Million dollars as represented, they are more like $5,105,707,000 or an average of $470.52 per unit.

The use of a decimal in dollars is only acceptable in representing a fraction of a dollar, if it is to be used as a fraction of the hundredth place, as it appears to be here, then .70 become 700 or 70% of 1000.

The correct representation in million would be 5,105,707 which then elevates the last 000 and adds them back when calculating the actual real value of roughly 5.1 billion dollars.

Obviously the average export unit is not forty seven dollars and likely is about four hundred to five hundred dollars.

For the year 2011 China exported 516, 335 unit between 150cc and 250cc

They represent the dollar value in the table of the above as 38168.94 which must really be $381,689,400 or on average $739.29 per unit.

The class 150<250cc have experienced a 88% growth over 2010 exports.

HERE is the table translated.