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People's Republic of China (Wikipedia.org)

The People's Republic of China ( ), commonly known as China, is the largest country in East Asia and the third or fourth largest country in the world. With a population of over 1.3 billion, roughly one-fifth of the world's total population, it is the most populous country in the world. Its capital is Beijing.

The Communist Party of China (CPC) has led the PRC under a single-party system since the state's establishment in 1949. The PRC is involved in a long-running dispute over the political status of Taiwan. The CPC's rival during the Chinese Civil War, the Kuomintang (KMT), retreated to Taiwan and surrounding islands after its civil war defeat in 1949, claiming legitimacy over China, Mongolia, and Tuva while it was the ruling power of the Republic of China (ROC). The term "Mainland China" is often used to denote the areas under PRC rule, but sometimes excludes its two Special Administrative Regions: Hong Kong and Macau.

Because of its vast population, rapidly growing economy, large research and development investments, China is often considered as an emerging superpower. It has the world's fourth largest economy and second largest purchasing power parity. China is also a permanent member of the United Nations Security Council and Asia-Pacific Economic Cooperation. Since 1978, China's market-based economic reforms have helped lift over 400 million Chinese out of poverty, bringing down the poverty rate from 53% of population in 1981 to 8% by 2001. However, China is now faced with a number of other economic problems, including an aging population, an increasing rural-urban income gap, and rapid environmental degradation.

China plays a major role in international trade. The country is the world's largest consumer of steel and concrete, using, respectively, a third and over a half of the world's supply of each. It is also the world's second largest importer of petroleum. Counting all products, China is the third largest importer and the second largest exporter in the world.

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Following a recent showdown between Beijing and Washington over the sovereignty of the South China Sea, China assures it will respect freedom of navigation there.
3 hours ago
New York Post
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How will the planned IPO of AIA, the Asian unit of U.S. insurer AIG, compare with Agriculture Bank of China's recent listing? WSJ's Jake Lee and Hong Kong Bureau Chief Peter Stein analyze its ...
3m 35s |
5 days ago
The Wall Street Journal
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But what changes will the Chinese government demand?
2m 15s |
3 years ago
YouTube
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Jeremy Lin is quite the star in China, as evidenced by his arrival and participation in Yao Ming's charity event. *Video Courtesy NBA China
2 days ago
Comcast SportsNet
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China's most popular blogger Han Han said he wants to see a censorship law stating clearly what can and cannot be done in China during his visit in Hong Kong. Duration: 00:53
a week ago
New York Post
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CNN's John Vause reports from China's Hubei Province, where preparations have started for yet another flood threat.
1m 7s |
a week ago
CNN
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July 30 - Following a recent showdown between Beijing and Washington over the sovereignty of the South China Sea, China assures it will respect freedom of navigation there. Ian Lee reports. ...
1m 53s |
Yesterday
REUTERS Japan
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ISLAMABAD, Jul 27 (APP) - Chinese Ambassador to Pakistan, Liu Jian said on Tuesday that Pakistan-China strategic partnership has reached a new height in recent years, and the two countries are coming ...
3 days ago
App Pk
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