The article examines China's economic power in relation to the United States and a number of other major powers in the world, showing that China is currently an emerging economic power, with the world's second-largest GDP value and the world's largest commodity trade turnover
being the world's largest commodity producer
with an attraction of foreign investment ranked third and offshore investment ranked second in the world
foreign currency reserve ranked first and overseas economic aid ranked second in the world. At the same time, China's economic development is revealing weaknesses and risks, both domestically and internationally, when it is expanding its overseas economic cooperation.