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China has produced more clothes, shoes and toys than any other nation. China has become the world’s largest producer of consumer electronics, pushing out more TV’s, DVD’s, and cell phones than any other country. Recently China has begun manufacturing computers, assembling cars and making parts for Boeing 757s.
China’s economic growth can be considered the greatest economic success story in modern times. China went from a stagnant, poor country to an economic power in only about 30 years. Since 1979, China’s GDP grew at an average annual rate of 9.7%. Springing them up from 27th to 3rd in the world rankings for total trade...
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