As the world’s second largest economy, China is immensely attractive to those seeking business opportunities. As the leading manufacturing center worldwide, its initial growth was mainly derived from low-cost labor and OEM manufacturing. However, increasing technological sophistication means that many Chinese brands now successfully compete on the world stage and find ready markets overseas. Consequently, China has become the world’s largest exporter. Additionally, the country’s massive population, accounting for one-fifth of the world’s total, its increasingly prosperous middle class, and the raw material demands of its enormous manufacturing base have propelled it to second place among global importers. However, while the Chinese government encourages trade growth, potential exporters and importers should be aware that the country’s huge economy is highly regulated, making importing and exporting in China a complex and time-consuming activity.