January 2020
China’s economic transformation makes it an attractive destination for investors and exporters. Over the past ten years, real GDP has expanded by an average 7.8% per annum and per capita income has almost tripled to more than US$10,000 in 2019. China is the world’s second largest economy, behind the US, and outperforms its peers in emerging and developing Asia on indicators of per capita income, creditworthiness and business climate.