Eurasia's megamarkets China Economy

World’s second largest economy. High growth rates for GDP (8–10%), industrial production (12–13%), industrial investment (9–10%). In 2002, China overtook the United States as the largest market for inward FDI. In 2007, it received US$ 83.5 billion in FDI, raising its accumulated stock to US$ 600 billion. Foreign reserves are close to US$ 2.13 trillion (mid 2009), making China the largest foreign currency holder worldwide. In 2007, China became the world’s second largest exporting country (US$ 1.21 trillion) after Germany.