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China's History
Official name: People's Republic of China
A socialist country in East Asia.
It was founded on October 1, 1949.
It is the third largest country in the world by land area, with 23 provinces, 5 autonomous regions, 4 municipalities and 2 special administrative regions.
Bordering countries: 14 in all: Afghanistan, Bhutan, India, Kazakhstan, North Korea, Kyrgyzstan, Laos, Mongolia, Myanmar, Nepal, Pakistan, Russia, Tajikistan and Vietnam.
Country Profile
President: Jinping Xi
Capital: Beijing
Population: more than 1.4 billion
the world's most populous country
Currency: China yuan
100 CNY = 15 USD
In 2021 GDP is about $17.46 trillion.
GDP grew by about 8.1 percent.
Highly diversified economy
Top trading partners - the United States and the European Union
Developing country
4.24% unemployment
GDP per capita is about $12,359 ---- middle and high-income countries
Why China?
China is the country with the largest population in the world.
China is the world's second largest economy.
China is the world's largest manufacturer and exporter.
The retail market is the world's second-largest.
It has a large and rapidly growing retail market.
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