south korea has the world's largest standing army.
who has the world's largest standing army?
south korea
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since the introduction of economic reforms in 1978, china's economy has been one of the world's fastest-growing with annual growth rates consistently above 6 percent. according to the world bank, china's gdp grew from $150 billion in 1978 to $12.24 trillion by 2017. according to official data, china's gdp in 2018 was 90 trillion yuan ($13.28 trillion). since 2010, china has been the world's second-largest economy by nominal gdp and since 2014, the largest economy in the world by purchasing power parity (ppp). china is also the world's largest exporter and second-largest importer of goods. china is a recognized nuclear weapons state and has the world's largest standing army and second-largest defense budget. the prc is a permanent member of the united nations security council as it replaced the roc in 1971, as well as an active global partner of asean plus mechanism. china is also a leading member of numerous formal and informal multilateral organizations, including the shanghai cooperation organization (sco), wto, apec, brics, the bcim, and the g20. china has been characterized as a potential superpower, mainly because of its massive population, economy, and military.
china