China is located in Eastern Asia, with Mongolia and Russia to the north, the North Pacific Ocean to the east, Vietnam to the south and India and Pakistan to the west. Its area is slightly smaller than the US. The country’s climate is diverse with tropical conditions in the south and sub arctic conditions toward the north. Mountainous formations and high plateaus cover the land with deserts in the west and plains, deltas and hills in the east. China’ s wide spectrum of natural resources includes coal, iron ore, petroleum, and hydropower potential.

Foreign investment and loan assistance programs are helping China to have perhaps the highest GDP growth rates in the region. Recent predictions gave it a 9% growth rate. In the early years of Communism, collectivized agriculture and heavy industry were stressed. Now China has established trading relationships with the US and Japan and is constructing free enterprise zones. Modernization through upgrading its railway system and the construction of the world’s largest public works project, Three Gorges Dam (scheduled to be completed by 2009) along with modernization of its military is in progress. China is a force to be reckoned with, especially with its entry into the World Trade Association. Although likely to cause internal adjustments, it will strengthen its position in the world economy.

China has around 263,000,000 Telephone lines and 94,000,000 Internet users

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