It's the National Holiday in China today, which celebrates the formation of the People's Republic of China in 1949. All of China is on vacation this week until October 6th.

Highlights in modern Chinese history are:

1. 1949 - PRC established.

2. 1972 - USA President Nixon is first USA President to visit China

3. 1989 - Tiananmen Square Massacre

4. 2001 - PRC enters WTO

5. 2008 - Beijing Summer Olympics

To get more information on China and other countries, check out the Alibaba.com Country Profiles.