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China: Difference between revisions
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China's economy has evolved from a centrally planned one to a global centre for innovation and manufacturing. Its economy is the largest in terms of purchasing power parity (PPP) and the second largest in terms of nominal GDP. [[Steel]], [[electronics]], [[textiles]], [[machinery]], and [[chemicals]] are some of its main industries. | China's economy has evolved from a centrally planned one to a global centre for innovation and manufacturing. Its economy is the largest in terms of purchasing power parity (PPP) and the second largest in terms of nominal GDP. [[Steel]], [[electronics]], [[textiles]], [[machinery]], and [[chemicals]] are some of its main industries. | ||
The nation leads the world in exports and is the site of massive projects like the [[Belt and Road Initiative]] and the largest [[high-speed rail]] network in the world. Despite ongoing issues like growing debt, environmental damage, and changing demographics, its growth is still substantial.<ref>https://www.worldbank.org/en/country/china/overview< | The nation leads the world in exports and is the site of massive projects like the [[Belt and Road Initiative]] and the largest [[high-speed rail]] network in the world. Despite ongoing issues like growing debt, environmental damage, and changing demographics, its growth is still substantial.<ref>https://www.worldbank.org/en/country/china/overview</ref> | ||
== Diplomacy and Military == | == Diplomacy and Military == | ||