China is the largest country in East Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam. Beijing is the capital city. China has been playing an increasing role in calling for free trade areas and security pacts amongst its Asia-Pacific neighbors.
China is the fastest growing major economy in the world with GDP growing at an average of 9.4% for each of the past 30 years. Its industries span across mining and ore processing, iron, steel, aluminum, and other metals, coal, machine building, armaments, textiles and apparel; petroleum, cement, chemicals, fertilizers, consumer products including footwear, toys and electronics, food processing, transportation equipment including automobiles, rail and locomotives, ships and aircraft, telecommunications equipment, commercial space launch vehicles and also satellites. China’s economy grew by 11.4% and is the world's fourth largest behind the US, Japan, and Germany.
- GDP growth rate - 11.4%.
- Unemployment rate – 4.0 %
- Inflation rate – 4.8%
are machinery, electrical products, data processing equipment, apparel, textile, steel and mobile phones.
are machinery and equipment, oil and mineral fuels, plastics, LED screens, data processing equipment, optical and medical equipment, organic chemicals, steel and copper.
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