The Rise of China Today China is widely notorious for its large dominance in world affairs

1600 WordsApr 23, 20197 Pages
The Rise of China Today China is widely notorious for its large dominance in world affairs regarding trade and wealth however china was not always one of the economic superpowers of the world, china like many other parts of the east had not had their industrial revolutions as early as western countries such as Britain and could easily be described as being primitive following 2000 years of imperial dynasties. The pressing issue that the UK government will have to face is what we to do with such an ominous player in world affairs, without a clear idea on what to do upon China’s most recent rise to power the government may just be buying a ticket to watch china steal the show in economic, military and political matters. ECONOMICS The…show more content…
Post economic and consequently military growth has given china more power in the political world and I will be discussing the main political rise and effects this had on modern politics. A factor which has led me to believe that business trade in china is going to get harder is the fact that the cheap labour that has been the backbone for the large increase in Chinese exports is falling short. China is facing an aging working population and by the year 2020 the nation will have more than 200 million people over age 60 which is considerably more than in November 2010 when China had ‘178 million people over 60 years old, of which 119 million are over 65’ [6]. This ageing population means that labour in china will not always remain this cheap as a young workforce will be less available however this will not completely destroy China’s economy growth just hinder it. At present china is the second largest economy in the world and there are many ideas that china is pushing its way to the top however recent forecasts have showed that china will not overtake the US until the year 2028 which is much later than expected, although china’s sudden rise in economic power within the past

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