$17.8T GDP. Manufacturing powerhouse transitioning to tech/services. Property sector crisis (Evergrande collapse). Youth unemployment at 20%+. De-dollarisation drive through RMB internationalisation.
Ranked #3 globally, #1 in Asia. $225B budget. Rapid nuclear expansion — 500+ warheads by 2030. DF-41 ICBM. J-20 stealth fighter. Three aircraft carriers (fourth launching). Anti-satellite weapons. Taiwan contingency is primary focus.
Wolf warrior diplomacy. Belt & Road in 140+ countries. Russia strategic partnership. Tensions with India (LAC). Philippines maritime disputes. Taiwan reunification as core national goal.