About China

China is the world’s third largest country, dominating the map of eastern Asia. China is the world's largest producer and consumer of agricultural products & is the world's largest producer of rice. China has also become the world's third largest automotive vehicle manufacturer. China is the world's largest automobile producer, manufacturing more than 27 million vehicles in 2018. China is the leader in electric vehicles, manufacturing and buying half of all the plug-in electric cars in the world. China has the largest telecom market in the world with largest number of internet and broadband users.

China has had a remarkable period of rapid growth shifting from a centrally planned to a market based economy. Today, China is an upper middle-income country that has complex development needs.

With a population of 1.3 billion, China is the world’s second largest economy and the largest if measured in purchasing price parity terms. 

US China Trade war is affecting both the countries. It is indicated that China economy will slow down and Chinese Currency will be volatile against dollar in current year.

China is well on its way to becoming the world’s leading economy.