It was March 22 of 2018, when US President Donald Trump first approved immediate tariffs on imported goods from China. In early July the same year, China countered with its own tariffs on over 500 American-produced products – officially marking the beginning of the US-China trade war that has plagued our media ever since. To us at Dr Wealth, the prominence of the US-China trade war had not only suggested rising tensions between both countries… …but the fact that China has grown to become a global superpower on par with the US. In fact, over the last 2 decades China’s economy has been exponentially evolving to become the 2nd largest economy in the world. Reasons for progress are aplenty, but arguably a large part had to do with implementation of Five-Year Plans aka. FYP (五年计划). A concept adopted from and supported by Soviet Russia, the first FYP started in...