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Chapter 4: China Overview

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China’s meteoric rise from the end of the 20th century into the 21st century will be recorded as one of the most remarkable transformations in the history of civilisation. During the last few decades China has lifted hundreds of millions of people out of poverty in an incredibly short period of time while becoming the world’s premier manufacturer. The story so far is nothing short of astonishing, but it is not over. China still has a long way to go before it can satisfy the aspirations of its people and bring their standard of living to the level now enjoyed by the developed world.

The Emerging Markets Handbook

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