Market Report - China




Background of China

China is a country in Eastern Asia that covers an area of 9,596,960 square kilometers and the 5th largest country in the world. China is bordered by the East China Sea, Korea Bay, Yellow Sea, and the South China Sea and situated between North Korea and Vietnam. The capital of China is Beijing. China has an extremely diverse climate. The country possess coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, rare earth elements, uranium, hydropower potential (world's largest), arable land as natural resources.

Population1,379,302,771 (July 2017 est.)

GDP per Capita (PPP)$16,700 (2017 est.)

Total ExportsUS $ Bn 2,271 (2017)

Total ImportUS $ Bn 1,840 (2017)

CurrencyChinese Yuan, also known as Renminbi