China

China is the second world economic power by Gross Domestic Product. Strong in exporting rice, wheat and potatoes; in the industrial sector, China is sometimes considered as the manufacturing workshop of the world, hosting a large number of industries from other countries and building strategic financial and commercial relations with the economies of Western countries.
China is also part of the BRIC nations (Brazil, Russia, India, China), the so-called emerging economies.

Official Name: People’s Republic of China
Form of government: Socialist Republic
Head of State: Hu Jintao
Head of Government: Wen Jiabao
Currency: Chinese Yuan or Renminbi (CNY)

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China’s rare earth supremacy is about to end

Money.it

15 May 2024 - 15:00

China's rare earth supremacy is about to end

China Rare Earth Resources and Technology, a listed company of state-owned conglomerate China Rare Earth Group, reported a 5.4% decline in annual revenue in 2023.