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11 mind-blowing facts about China's economy

Business Insider Logo By Laura McCamy of Business Insider | Slide 1 of 12: 
  
    China's booming economy means a booming demand for
    
    luxury brands and a growing list of billionaires.
  
  
    China is the world's largest
    exporter, b
    ut there's a lot more to
    China's economy than the goods it exports to the US. 
  
  
    Here are 11 facts you might not have known about the
    modern Chinese economy.
  
  
    
      Visit
    MarketsInsider.com for more stories.
  

  China is the world's
  
  largest exporter. Your
  air conditioner was probably 
  made in
  China, as was your
  computer and maybe even your shoes.

  But there's a lot more to China's
  economy than the goods it exports to the US.

  China's booming economy means a
  booming demand for 
  luxury brands
  and a growing list of
  billionaires. And old traditions have been given a modern twist -
  Lunar New Year is not only 
  the most important and widely celebrated Chinese holiday, but
  now the biggest shopping week of the year, too.

  Here are 11 facts you might not
  have known about the modern Chinese economy:

The modern Chinese economy is full of surprises

China is the world's largest exporter. Your air conditioner was probably made in China, as was your computer and maybe even your shoes.

But there's a lot more to China's economy than the goods it exports to the U.S.

China's booming economy means a booming demand for luxury brands and a growing list of billionaires. And old traditions have been given a modern twist - Lunar New Year is not only the most important and widely celebrated Chinese holiday, but now the biggest shopping week of the year, too.

Click ahead for 11 facts you might not have known about the modern Chinese economy:

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