The Chinese economy is unique, with a population of over 1.3 billion people and capital city of Beijing. The yuan currency fluctuates against other currencies, and inflation has slowed to its lowest point since 2010 at 3.2% despite a target of 4% for 2012. China also has the second largest military budget in the world, which will rise 11.2% in 2012, though still far behind the United States' defense spending of $739.3 billion.
5. China¡¯s inflation
? Inflation was 3.2% in February, down from
4.5% the previous month.That is the lowest
since July 2010
? China's 2012 inflation target is 4%.
6. China military budget
? China's official defence spending will rise by
11.2% in 2012
? Beijing's defence budget is the world's second-
biggest, behind the US.
? Big military spenders - official figures
US: $739.3bn
China: $106bn
UK: $63.7bn
Russia: $52.7bn
India: $31.9bn