The world's most populous country and its second-largest economy, China has pulled more people out of poverty in the past four decades than any other nation in the history of mankind. The country is the world's leading international trader and increasingly the largest investor in large swaths of Asia, Africa and Latin America. Its mishmash of a single-party monopoly combined with private enterprise and innovation has helped it thrive where other socialist nations have collapsed. As the U.S. withdraws from the international arena, China is positioning itself as a champion of globalization and as the next big superpower.
Need to Know
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