China’s economy rockets from ~US $397 billion in 1990 to an IMF-projected ~US $19.2 trillion in 2025—a 48-fold expansion in one generation. Output leaps past the US $1 trillion mark in 2000, quadruples during the 2000s on the back of WTO entry and massive investment, and—despite COVID-19 headwinds—climbs into the mid-teens trillions by 2020, cementing China as the world’s second-largest economy.