China

China has the world's second-largest economy and is its largest manufacturer and exporter, having lifted hundreds of millions out of poverty through four decades of market reforms and rapid growth since 1978.

Now a middle-income country, China is shifting from investment- and export-led growth toward technology and consumption, while grappling with high debt, a property slump, an aging workforce, and rising trade tensions with the West.

Key Sectors

China is the workshop of the world, dominant in electronics, machinery, steel, and consumer goods, and increasingly a leader in electric vehicles, batteries, solar power, telecommunications, and other advanced technologies.