China is the world's largest producer of steel and automobiles, while ranking as the top consumer for the latter and for PCs. It is the 2nd largest Internet user after USA. The tourism industry is China's fastest growing market and is expected to capture 8.6% of the world market to become #1 by 2020.
Read Top MBA in China (2nd Part)
The People's Republic of China (PRC) is constituted by Mainland China, Hong Kong and Macau. The latter two are former British and Portuguese colonies respectively, and enjoy greater political, social and economic freedom, while remaining as part of China.
The Chinese economy has been growing at an astonishing rate, registering an impressive 10% growth over the past 10 years. In 2007, the Chinese economy was valued at $3.4 trillion, surpassing Germany’s $3.3 trillion to become the world's 3rd largest economy. According to estimates, by 2030, China is expected to overtake USA to become the world's largest economy. Learn more about Chinese Economy, Growth Areas and First Part of the Top MBA in China