China

It is the largest country in Asia, and has the highest population of any country in the world. Of the world’s major countries, only Russia and Canada exceed China in territory, and it is nearly as big as the whole of Europe. China is one of the few existing countries with more than 4,000 years of recorded history that also flourished economically and culturally in the earliest years.

China’s population is 1.38 billion, more than any other nation in the world. In terms of living standards China remains a relatively poor country. Its economy yields just $10,870 per person. By contrast, the U.S. gross domestic product per capita is $67,430.4China ‘s low living standards allow businesses there to pay less to their employees than American workers receive. That makes products cheaper, which lures producers overseas to outsource jobs to China. They then ship the finished goods to China’s largest trading partner, the United States.