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China has varied products to export - you name it - toys, electronic gadgets, home appliances, shoes, clothes, food products, seafood, body jewelry, kitchenware, bags and much more. China is the world's leading producer of items made from plastic, and Western countries such as the US are a ready market. China also sells armaments to many countries around the world.

Because of its huge manpower resource, China is able to manufacture products at a competitive advantage. Other developing countries have a similar labor cost advantage. But the communist government also controls employment, prices, and wages, and can actively subsidize any commercial activity that benefits their economy.

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11y ago

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