I've never been there but of course it's an economic powerhouse, there are like twice as many people in China than in the whole of Europe. They have lots of factories, it seems like everything we buy in France is made in China nowadays, even souvenirs (which is really depressing)
Hahahahahaha
All your base are belong to us! You have no chance to survive make your time! ha ha ha!
Seriously China is big and it's good at sustaining itself without reliance of others. Problem is, we seem to have over harvested our natural resources just to sell them to other countries. That's why our central government is desperately trying to ban or control the export, but since mainland China legislation is still full of loopholes, people always finds a way to get through. This leads to some quarrels over our treaties with WTO and deficit with USA.
Chinese labor is cheap, even with the rise of RMB a lot mainlanders are not really earning more than $400 USD a month. There are of course a lot of millionaires, but their are a lot more living in poverty. This is what we call Chinese Socialism. Let some get rich first, then spread their wealth over the community. In essense it's capitalism with heavy government intervention.
Like I said before, you can compare some of modernized cities like Beijing, Shanghai, Hong Kong, Tianjin, Wuhan, Chengdu with any other big cities in the world, but know that 80% of Chinese are still in poverty, earning less than $3/hour. It didn't work out as expected in communism (perhap never expected that way), but at least the economic growth provided enough money to sustain a quite modernized and powerful military force to defend itself.
I think I might enjoy working in mainland cause I don't have to worry about expensive meals in Hong Kong, their corporates often provide free meals to their employees. But again I have to get used to the way that traffic lights are pointless in there. Drivers don't stop at red lights and we don't give a darn on a car moving at our general direction.