In 2014, what had been predicted numerous times throughout the past decade had finally occurred. According to the International Monetary Fund (IMF), China had overtook the United States (US) to become the world’s largest economy, with their Gross Domestic Product (GDP) measured by way of Purchasing Power Parity (PPP), where GDP is adjusted to accommodate the relative prices in each market, was estimated to be at $17.6 trillion compared to $17.4 trillion for the US (Fray 2014). This stood testament to the success of the economic reforms in the wake of the death of Chairman Mao Zedong, led by Deng Xiao Ping beginning in 1978, in revitalising the Chinese economy to the superpower status that it enjoys today (Zhu, Webber & Benson 2010, p. 9). However this measure of China’s economic success is but one side of the coin. According to China’s official poverty standard, poverty fell from 65% to 10% in 1981 to 2004 (World Bank 2009, pp. iii-v) and while this marked reduction is exceptional, the way these statistics are obtained reveals part of the problem. The Chinese government’s official poverty line is one of the lowest in the world and if poverty were to be measured by international standards, in 2005, China would have 254 million people under the US $1.25 poverty line set by the World Bank, the second largest number of poor in the world apart from India, compared to 15 million under official standards. This shows that while China’s tremendous economic growth is undeniable, its
When it is comes down to dealing with any varieties of crime it’s a challenging issue in every country. No matter where one may be there will always be certain rules and regulations everyone must follow. Different nations deal with crime in many different ways based on their beliefs, policies, principals, and culture perspectives. Cross-cultural studies allow a common view of the variations, elements, and aspects of the justice systems. This paper examines the comparison of the justice system in China and the United States. Exploring the ideas and views, which include the confidence in police, informal and formal crime control, and views on capital punishment. China and the United States can be considered comparable in different
The products of China played a role in the way the United States came about and how their identity was created and solidified. China was seen as influential and beneficial for the Americans through trade and customs that they brought along with them. Some individuals have traveled over to the United States for the Gold Rush and others just wanted a better life for their future and for their families’ future. There were other convincing reasons that pushed the Chinese to migrate away from their hometown into a new environment as well.
The Chinese Six Companies were six companies across the United States which played a major role in the Chinese prostitution and was a key organization for Chinese Americans in 1800s. They original main goal was to help the Chinese come from and return to China, help many corpses shipped them to China for burial and take care of the starving and elder. The Chinese Six Companies also attempted to discourage prostitution in the Chinese community and attempted to limit prostitution in America. Even though their main goal was to help out the Chinese, during the 1880s their outlook complete changed. These Chinese Six Companies saw the benefits of prostitution which they force encouraging and overseeing all the vices associated with the Chinese-American
The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.
Each country has their own development history. In the historical development, they formed their own culture. Culture can reflect the characteristics of a country, and the preferences of the people that live in that country. China and American are the representatives of traditional and modern countries, the difference of the history culture makes the current differneces. China and the United States are two completely different countries, the former is an ancient country with a long history of five thousand years, the latter is an emerging country that only has two hundred year of history, China was the leader of world civilization, the center of the world. However, the last two centuries the history was full beyond. In addition, now the world leader, it is the United States. If use these cultures of the two countries to make a comparison, I do not know will happen what kind of an interesting phenomenon.
Hung’s stated goals are as follows. First, he aims to outline the historical origins of the capitalist boom in China as well as the conditions which predicated said boom. He also names four conceptions against history to explore the global effects of China’s capitalist boom and the limit of that boom. Firstly, he seeks to challenge the notion that China is challenging the United States neoliberal order. Secondly, he examines the belief that the increasing incomes of poor Chinese citizens helps to reverse worldwide income polarization. Thirdly, he analyzes the claim that China’s rise is challenging Western dominion over the world, and is radically altering the world order. Lastly, he plans to evaluate the assertion that China has been emerging as the most powerful driver of growth since the global financial crisis. He plans to devote a single chapter to the refutation of each of these views and explanations of why they overstate the importance of China, in addition to several introductory chapters describing China’s rise. He aims to prove with this work that China is no different than the other major capitalist powers, that its boom is dependent on the global neoliberal order, that its boom contributes to rampant inequality, and, in sum, that China is just a foundation of the capitalist status quo.
in the US, upper, middle, and lower. They are determined by money, the rich are
Dr. Hao Jingfang works for the China Development Research Foundation which helps advance and promote economic development and social progress. She conducts research with an emphasis on rural poverty and presents recommendations to the government. Dr. Hao has witnessed and learned about China’s development over the last century, such as the Cultural Revolution-the birth of communist ideals- and capitalism. China transformed their system and has been ascending economically for the last several decades. Dr. Hao Jingfang had also witnessed its side effects: the excellent ever increasing gross domestic product(GDP) and the not so good effects of increased poverty. Another one of the of the not so spectacular side effects are how the wealth,
One of the biggest economies in the world have many similarities and differences these countries include China and America. Americas economy earns about less than .11 than the Chinese economy in gross income. Both the American and Chinese economy are bifurcate or divided into two branches. The Chinese economy is sometimes mentioned as a socialist market economy. The differences and similarities of the American and Chinese economies are America earns about less than .11 than the Chinese economy in gross income, Both the American and Chinese economy are divided into two branches, and sometimes mentioned as a socialist market economy.
This can be illustrated that in 1979 the Chinese government had brought about several new programs designed to stimulate the economy. During the same period of time that rapid Chinese economic growth took place there was a positive correlation with economic growth and wealth inequality rose as well. Currently, China has one of the highest wealth disparities on the
China is one country where household income inequalities have persisted for many years and have evolved over a period of time. After the beginning of economic liberalization reform process in the late 1970s, many people who belonged to the lower strata of society have been uplifted. The economic growth rate have touched an astonishing rate of 10% per year lifting more than 660 million people out of poverty. There have also been a substantial increase in per capita income which has risen from $320 in 1980 to about $5,500 in 2012 . The number of people who were living on less than $1.25 a day have also declined from 85% in 1980 to about 11% in 2012. Gini Coefficient – the measure of income inequality has also increased from 0.28 in 1980 to 0.44
Sino-American relations began with the founding of the United States in the late 18th century, during the Qing dynasty. The first representatives of the United States went to China in 1784 on a ship named the Empress of China, landing in Canton. Soon afterwards, in 1785 China, three Chinese sailors became stranded in Baltimore. Since these early contacts the relationship between the two nations has expanded as international and political changes came into being. Today, the relationship is multifaceted with China being the United States’ largest creditor and bilateral relations developing on a personal and governmental level.
The events that have taken place over the past couple of centuries, and more so the past decade, have monumentally impacted the relationship between the United States and China for better and for worse. Today, China and the U.S. have evolved into two of the most elite superpowers in the world, and they classify as some of the most prominent leaders in economics, military, technology, and universal innovation. Currently, the United States is just weeks away from electing their next president, cyber-attacks are being investigated exponentially, and the South China Sea Debate continues to be disputed. The outcomes of all these events will undoubtedly affect the relationship between China and the United States for the next 10 years.
Meanwhile, a similar situation is witnessed in China. In the past decades since 1990, the growth performance of the Chinese economy has been rising fast with an annual per capita growth rate of approximately 9%. During this period, living standards in China have improved significantly with rapid poverty reduction (Chen, 2007; Ravallion, 2008). To be more precise with statistics, from 1989 to 2004, income in Chinese inland provinces doubled (from 1149 yuan to 3537 yuan), while that in coastal provinces, more than tripled (from 982 yuan to 2338 yuan). This 15-year period has seen the more rapid growth in urban areas of both coastal and inland provinces. In rural areas, average household per capita income rose 2.5 times and in urban areas, it multiplied 3 times (Goh et al, 2008).
Over the past two decades, China has experienced rapid economic growth, which has also brought about a rise in social and economic inequality. A nation that once operated under the principle of egalitarianism, China now struggles with a level of inequality that has surpassed most of its East Asia neighbours. In the 1980’s, poverty was a problem restricted mainly to rural areas, but recently it has forayed into urban areas as well. Since the mid-1990’s, urban poverty has grown at a very fast pace under the influence of globalization (Fulong, Webster, and Yuting 5). The economic restructuring of China is a huge contributor to this phenomenon. The Chinese government officially recognized urban poverty as a problem in 2001 through a report