Imports$1.743 trillion (2011 est.)
Exports$1.904 trillion (2011 est.)
Inflation rate (consumer prices)5.5% (2011 est.)
Unemployment rate6.5% (2011 est.)
GDP - per capita (PPP)$8,500 (2011 est.)
National product real growth rate10.3% (2010 est.)
Internet users389 million (2009)
Telephones - mobile cellular859 million (2009)
Population growth rate0.481% (2012 est.)
Population1,343,239,923 (July 2012 est.)
For centuries China stood as a leading civilization, outpacing the rest of the world in the arts and sciences, but in the 19th and early 20th centuries, the country was beset by civil unrest, major famines, military defeats, and foreign occupation.
After World War II, the Communists under MAO Zedong established an autocratic socialist system that, while ensuring China's sovereignty, imposed strict controls over everyday life and cost the lives of tens of millions of people.
After 1978, MAO's successor DENG Xiaoping and other leaders focused on market-oriented economic development and by 2000 output had quadrupled....
Since the late 1970s China has moved from a closed, centrally planned economic system to a more market-oriented one that plays a major role in the global economy - in 2010 China became the world's largest exporter.
Reforms began with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, creation of a diversified banking system, development of stock markets, rapid growth of the private sector, and opening to foreign trade and investment.
China generally has implemented reforms in a gradualist fashion....
The Economist Intelligence Unit
Policy towards private enterprise and competition 2016-17: Overcapacity in the oil and gas, power, steel and other industries is reduced. Attempts to reform large state-owned enterprises focus on consolidation ...
Dun and Bradstreet (Altares)
Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...
The BRIC+M Emerging Market Risk Comparisons Report identifies the major near-term and long-term risks in leading emerging markets. This includes country, region, economic and political risk in five of ...
Summary This PESTLE country analysis report on China provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support ...
After a weak start to 2016, the Hong Kong economy has regained some momentum. However, the latest monthly data indicate that the recovery remains patchy. Export performance is constrained by a bumpy recovery ...