Taiwan possess a capitalist economy that is increasingly getting more and more independent from government control. The major economic sectors in Taiwan are composed of services, manufacturing, and agriculture. Taiwan's rapid economic growth is attributed to its booming foreign trade and its foreign reserves are among the world's largest. Industrial exports form the bulk of this trade. It is the world's biggest contract computer chip manufacturing country. Taiwan is a major investor throughout Southeast Asia. China has overtaken the US to become Taiwan's largest export market.