It doesn't take expertise in economics to know that China manufactures a lot of stuff -- just look at the label on your computer, floor lamp, and shoes. But it's remarkable just how, three and a half decades after Beijing first launched market reforms, the country's dominance in global manufacturing endures. This fantastic infographic from the International Business Times, based on economic data from 2011, puts it in perspective:
These aren't trivial goods, either. Think of computers, essential to business operations around the world. China manufactures over 90 percent of them. Or cell phones, which, in addition to being convenient, function as an essential tool in countries lacking traditional telecommunications infrastructure. China makes 7 out of every 10 of them. 12 and a half billion pairs of shoes -- enough for every man, woman, and child in the world to have two -- are built in China. And nearly half of the world's ships, the backbone of global trade, are made -- where else? -- in ... you get the idea.