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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The secret of Temu’s success

Money.it

19 March 2024 - 15:00

The secret of Temu's success

What is the secret to Temu’s success? In this article, we’ll look at the many factors that made the Chinese e-commerce app so successful.