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People's Republic of China

Since the introduction of market-based economic reforms in 1978, China has become the world's [fastest growing] [major economy] , the world's [largest exporter] and [second largest importer] of goods. Rapid industrialization has reduced its poverty rate from 53% in 1981 to 8% in 2001. [Fighting Poverty: Findings and Lessons from China’s Success] (World Bank). Retrieved 10 August 2006. However, the PRC is now faced with a number of other problems including a rapidly aging population due to the [one-child policy] ,Jim Landers, [China's rapidly aging population may strain its economy] , 2008-08-11. Accessed 2008-10-15. a widening rural-urban income gap, and [environmental degradation] . [Beijing’s Olympic Quest: Turn Smoggy Sky Blue – New York Times] Moreover, China has been criticized for its human rights violations by governments and NGOs, and for having a problematic record of interfering with press freedom.

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