Interesting Facts About China

A Bustling Economy

As an industrial manufacturing powerhouse, China is by far the largest exporter of goods in the world. In fact, Chinese exports grew by a jaw dropping 954% between 1970 and 2010! Just one example of this boom is Chinese online retail giant Alibaba. Today, it sells almost three times as many products as Amazon worldwide and with AliExpress, it has grown into the sixth largest online shopping platform in the United States.

China has the largest Gross Domestic Product in the world, standing at a staggering $12 trillion! China’s significant economic growth has resulted in the average household income increasing by more than 400% in just 10 years. Consequently, China now has fewer poor people than the United States, despite having a far bigger population.