"The 19th century belonged to the British. The 20th century belonged to the United States. But the 21st century belongs to China," -- Jim Rogers, Hedge fund manager
China's population is one of the greatest natural resources on the planet. Its citizens are becoming more educated, diligent, aspiring and comprise nearly a quarter of the world's population. The combination of China's massive size and rapid modernization is creating the framework for an emerging superpower. China's growing economy is not only gaining international prestige, but its confidence has soared as it continues to be the world's fastest growing economy for the past three decades. "China's rise as a manufacturing base is going to have the same kind of
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As China continues to grow as a superpower, its people, modernization tactics, and Western influence and global influence of the country will be the underlying factors governing China's growth. Firstly, the people of China and their Confucianism values, also known more stereotypically as "Asian values", will continue to play an important role in the growth of the Chinese economy. Secondly, the modernization and reform tactics created and implemented by both Mao Zedong and particularly Deng Xiaoping, allowed for the creation of a planned economy and more successfully, the shift towards a market economy, under each respective ruler. Lastly, Western influence and China's international influence, will continue to play a significant role in the emergence of China as a superpower as Chinese citizens and the country as a whole, continue to strive for a Western lifestyle based on materialism. (LAVISH GOODS AND RESOURCES:OIL) The people of China will continue to play a vital role in the emergence of China as a superpower. This is due to a combination of factors such as openness to competition, high level of literacy and education and the principle/incentives for savings and investments. All these factors have one underlying theme"Asian values". These values possessed by Asians have origins from Confucianism. The emphasis of diligence, education (obedience), savings
China remains a current world super power that has been around for thousands of years. It was one of the first civilizations ever created and it has evolved into an enormous country. China is a large territory, but only 10% of the land can be farmed on. This continues to be a tremendous problem, especially with the large population that mostly lives in rural areas. In the past China was seen as a fragile nation that was still stuck in the past, although after the Four Humiliations this began to change. The Four Humiliations were a group of events that forced China to modernize due to the losses it faced. After the last of the four humiliations and the fall of the dynasty era during 1911, China began to catch up to the westernized world by modernizing their government, military, and education. The Chinese
Since the reform and opening up, the economy of China grows significantly, as an emerging economy, China's economy has made tremendous contributions to the global economy, and Renminbi has become one of the most important currency in the world. According to the survey conducted by China National Bureau of Statistics found that from 1979 to 2012, China has attained an annual average growth rate of 9.8% for its national economy, while the annual average growth of the world economy is only 2.8 % during the same period. In past 30 years, China's GDP surpassed Japan’s, China became the world 's second largest economy, in addition, the huge total volume of trade makes China become the world 's largest trading nation. The contribution of China’s
Today’s China is the most populous country in the world and is so one of the most important political and economical forces in the world.
Throughout history, China has been the center of many developments allowing for it to establish itself as an advanced society, one that has lasted through a number of dynastic cycles, an attempt towards the creation of a Republic, and still existing, People’s Republic of China, under the rule of China’s Communist party. Throughout this turbulent history China has made much advancement in site of its setbacks and has allowed itself to grow immensely and increase its stature, making it one of the world’s great powers.
China has always been renowned for being successful in the domains of science and arts, however in previous decades, China has been ravaged by famines, civil discomfort and foreign outsourcing. China was consumed by this injustice until well after the Second World War when Mao Zedong introduced Communism adapted from the U.S.S.R, and created an autocratic socialist system which imposes firm constraints upon the Chinese social, political and economic system. It wasn't until the 1980's China's following leader Deng Xiaoping who focused focused on developing China into a
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.
To capture the benefits of globalisation, the communist government has moved its focus from domestic to trade oriented. China has become the second largest economy in the world. Since 1980s, it has gone from being the 12th largest economy in the world to the second largest. This indicates that its economy has been growing with an average rate of 10 per cent per year for the last three
In Susan Shirk’s book ‘Fragile Superpower’, the author illustrates that the multitude of internal problems that China faces and will continue to face could potentially undermine its peaceful rise. Although the Chinese people have experienced a major upgrade in their living standards in just twenty-five years, the Chinese economic transformation has not been without significant social and environmental costs. As a consequence of its economic transformation, China has developed a number of internal stresses, which have posed existential threats to its national economy and political structure. One of these stresses is a growing shortage of natural resources in China. One significant systemic level cause for the rise in Chinese developmental finance
Throughout most of history, East Asia and more specifically China has been the cradle of civilization. Only until a few hundred years ago did China and most of the developing world today regress into the states they have been for the past several hundred years. For the past 100 years the US has been the world’s most powerful country, economically, militarily, and culturally; however China is resurging and is now in a position that is equal and perhaps greater to the US’s power.
China is a growing country; its population is about 1.4 billion, and as of 2014, the Chinese economy is the world’s second largest (in terms of nominal GDP,) totaling approximately US$10.380 trillion, with a growth rate of 7.4%, and the GDP per capita is US$3,619.4. From last century to this century, China has had significant improvements in their economic development. China had been in three major crises during the last century: the 20th century. The Fall of Qing Dynasty, World War II, and Civil War in China, all of them struck China in a destructive way. From the end of the 20th century, China was in a fast-developing mode.
China’s position as a superpower was achieved through the great suffrage of all of its citizens. Many would argue that China doesn’t deserve its position in the world, due to the millions of innocent deaths due to the violations of human rights. However, China’s future is bright. For example, China changed its One-Child Policy to a Two-Child Policy in 2016, after about 35 years of loss of rights, family control, and murders. This improvement is one of many that China has taken into their hands to improve. The world should look at China’s improvement, rather than its past, and acknowledge that China is trying to make China a better place than its previous China, no matter how hard that may
While it is no secret that China seeks to become a great power, her goals are juxtapose to many other nations who sought the same goal over the last century. China is not out to impose an ideology upon the rest of the world as the Soviet Union did, nor does she plan to become a great military-industrial power as did Japan. China’s goals are multi-dimensional and seek slow and steady progress over the long run. In this respect, China is acting more like America: seeking to shape the world to fit its needs, rather than reacting to the world as others shape
At the same time however, China’s battered history with the West since the Opium war of the mid 19th century was emphasized to demonstrate how Chinese has been constantly abused and mistreated by the imperialist powers. The CCP was portrayed as the right government to help
I do believe that China is the one country that will grow enough to rival the west, maybe even surpass it. Meaning, I can see China become somewhat like how the United is known in the world, economy, and power wise. In the “Rise of China” it states that “the size of its economy has quadrupled since the launch of market reforms in the late 1970S and, by some estimates, will double again over the next decade. It has become one of the world's major manufacturing centers and consumes roughly a third of the global supply of iron, steel, and coal”. So, China is looking to become a top player in the world (with United States and Europe) and there will be some type of change in not only their own country, but other counties as well. In order to continue to do
In the current anarchic world, The United States acts as the global hegemon. However, China’s recent rise to power has lead international relations experts, Ikenberry, Mearsheimer, Subramanian, and Friedberg, to predict an upcoming power shift in the international system. China’s increasing control over the Asia-Pacific region has threatened U.S. power. According to Waltz, the realism paradigm interprets the anarchic structure of the international community, as a constant power struggle. Although each country may be different, to survive, they must all strive for power. Under the liberalism paradigm, the system is still anarchical but cooperation may be achieved by shared norms, and aligned political and economical interests.