Changes

China is an upper [[Middle-income countries|middle-income country]].

China is an upper [[Middle-income countries|middle-income country]].

It has emerged as a major regional power in East Asia, and formerly it was averaging over 9% economic growth per year since 1978 when it introduced a market-based economic system known as socialism under capitalist management. Foreign businesses have flocked to invest in China, Americans and others rush to buy its cheap factory output, Chinese exports flooded the world. It has vast reserves of dollar holdings.  China is modernizing its military, has joined numerous regional and international institutions, and plays an increasingly visible role in international politics. However, the paper statistics of China's growth hide the fact that it may have a weaker economy than it admits, as seen in the current property crisis, high youth unempoyment, many "ghost towns", among other factors (See: [[Chinese real estate crisis (2020–present)]]).<ref>Fong, Dominique (June 15, 2018). [https://www.wsj.com/articles/chinas-ghost-towns-haunt-its-economy-1529076819 China’s Ghost Towns Haunt Its Economy]. ''The Wall Street Journal''. Retrieved June 15, 2018.</ref>  

It has emerged as a major regional power in East Asia, and formerly it was averaging over 9% economic growth per year since 1978 when it introduced a market-based economic system known as socialism under capitalist management. Foreign businesses have flocked to invest in China, Americans and others rush to buy its cheap factory output, Chinese exports flooded the world. It has vast reserves of dollar holdings.  China is modernizing its military, has joined numerous regional and international institutions, and plays an increasingly visible role in international politics. However, the paper statistics of China's growth hide the fact that it may have a weaker economy than it admits, as seen in the current property crisis, high youth unempoyment, many "ghost towns", among other factors (See: [[Chinese real estate crisis (2020–present)]] and [[Youth unemployment in China]] and [[Chinese stock markets]]).<ref>Fong, Dominique (June 15, 2018). [https://www.wsj.com/articles/chinas-ghost-towns-haunt-its-economy-1529076819 China’s Ghost Towns Haunt Its Economy]. ''The Wall Street Journal''. Retrieved June 15, 2018.</ref>  

The nation is under the control of the [[Chinese Communist Party]], which encompasses mainland China, albeit with many border disputes. Since taking power in 1949, an estimated 60 million to 80 million Chinese people have been killed by [[democide]]. This number exceeds the total number of deaths in two World Wars combined.<ref>''Commentary 7, On the Chinese Communist Party's History of Killing. ''Nine Commentaries on the Communist Party.''<br>http://www.ninecommentaries.com/english-7</ref> The communist Beijing regime claims [[Taiwan]] as a province, but Taiwan has never been part of the People's Republic of China and the survival of Taipei's democratic sovereignty is threatened.   

The nation is under the control of the [[Chinese Communist Party]], which encompasses mainland China, albeit with many border disputes. Since taking power in 1949, an estimated 60 million to 80 million Chinese people have been killed by [[democide]]. This number exceeds the total number of deaths in two World Wars combined.<ref>''Commentary 7, On the Chinese Communist Party's History of Killing. ''Nine Commentaries on the Communist Party.''<br>http://www.ninecommentaries.com/english-7</ref> The communist Beijing regime claims [[Taiwan]] as a province, but Taiwan has never been part of the People's Republic of China and the survival of Taipei's democratic sovereignty is threatened.