In 2017, China exported $2.3 trillion and imported $1.8 trillion in goods. This amounted to 12.4 percent of global trade and left China with a trade surplus of over $400 billion. Learn more about international trade with this ChinaPower exclusive.
Chinese movies earn billions of dollars annually, but it is domestic sales that overwhelmingly drive the success of the industry. It remains to be seen if China can attract foreign audiences to its films. Learn more with this ChinaPower exclusive.
Since opening, Jiangnan has continuously engaged in the construction, maintenance, and modification of a wide range of commercial and People’s Liberation Army Navy (PLAN) vessels. Analysis conducted by CSIS of satellite imagery from 2011 and 2018 illustrates the degree to which the shipyard’s infrastructure has developed during the intervening seven years.
Beijing has undertaken sweeping efforts to modernize its navy. Between 2014 and 2018, China launched more naval vessels than the number of ships currently serving in the individual navies of Germany, India, Spain, and the United Kingdom. Learn more with this ChinaPower exclusive.
Rooting out corruption is critical to economic development, as it undercuts government revenue and limits the ability of government to implement effective policies. Learn more about the impact of corruption in China with this ChinaPower exclusive.
ChinaPower hosted its third annual conference on November 29, 2018. The conference featured Senator Edward J. Markey and Admiral Philip S. Davidson as the keynote speakers.
The automation of processes and procedures with cutting-edge technologies, such as advanced robotics and artificial intelligence, has the potential to fundamentally change the global economy. As China looks to sustain economic growth, how it harnesses automation will be crucial to its long-term economic competitiveness.
China’s economic modernization has created ripe conditions for commercial aviation to blossom. The industry’s emergence has not only enabled individuals to travel and exchange ideas, but it has likewise connected businesses and economies. How China manages this growing industry may prove critical in Beijing’s push to upgrade the economy.