EMA Partners China
With a population of 1.35 billion, China is the world’s most populous country. China has undergone significant economic reform and has moved rapidly toward a market economy that allows private enterprise. Under new leadership, China has been guided through expansive industrialization, and has become one the world’s largest exporters, and attracts record amounts of foreign investment. Since the economic turndown of 2009, China has recovered to a growth position, and recently overtook Japan to become the world’s second largest economy.
Economists predict that China will continue to fuel strong economic growth in Asia for the next 5 years. China’s massive growth has increased its demand for energy, resulting in a huge investment in building and expanding its infrastructure, and increasing its spending on foreign energy sources. China has the largest media market in the world, generating $24.4 Billion dollars in 2009. Its main exports are manufactured goods including textiles, clothing, electronics and arms.