âFor a share plate, we ordered the crab cakes and they had nice spice and a perfectly crunchy light crust.â âThe food is disappointing, with the share plates consisting of food I've never come across before.â
China's Only 15% Of The Global Economy But Contributes 25 - 30% Of Global Growth. Itâs entirely possible to become a little over-enthusiastic about the size of Chinaâs economy. Yes, assuming that we donât count the European Union as one economy, itâs the second largest economy on the planet.
Overall, trade is only moderately important to Chinaâs economy; the value of exports and imports taken together equals 41 percent of GDP. The average applied tariff rate is 3.2 percent. Numerous state-owned enterprises distort the economy, and the state maintains its tight grip on the financial system.