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The following article was published in our article directory on November 23, 2010.
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China's Rise On the World Mean

Article Category: Business Management

Author Name: Amanda xzh

China is an emerging superpower. According to The Conference Board released a stunning statistics, purchasing power parity terms, China's 2009 gross domestic product (GDP) for the United States 80%. In 1978, China's per capita GDP was only 3% of the United States; to 2009, this proportion is close to 20%.

Between the two countries in accordance with the current relative growth rate, purchasing power parity, 2014, the absolute size of the Chinese economy will overtake the U.S. as the world superpower. Even at market prices, China's GDP in this decade seems to have almost certainly overtake the United States - partly because China's rapid economic growth.

In short, no matter what way measures, China will soon overtake the U.S. as the world's largest economy. From about 1890, the United States has been dominated with this position. This view, the speed of this change, even more than Goldman's first in his famous "BRIC" (BRIC, Brazil, Russia, India and China) made the report forecast.

In addition, China is already the world's largest exporter of goods (by volume basis), probably the world's largest net creditor, even though almost all of the underlying assets invested in low-yielding government debt of developed countries, especially U.S. Treasuries.

First, it said it would not mean anything. Quite a long time, China will continue to be middle-income countries, average productivity is far lower than the United States and other leading high-income countries.

The United States in the coming decades will also maintain a leading position in world science and technology, despite its current education, technology and immigration policy, this advantage has been unable to guarantee the durability. On the other hand, China's science and technology can eventually catch up with the United States, is still debatable.

As the technology gap and other factors, China's military (in terms of global reach and technical capabilities) will continue in the coming decades behind the United States. Whether that will become a major obstacle, and some people may disagree, but my personal view is: the current number of U.S. military spending is not just a waste of resources, the fool will be attractive.

In addition, China's future in the political, intellectual and cultural influence it can exert, it seems unlikely to catch up with the U.S. over the past 60 years. American popular culture still has an extraordinary appeal.

I still believe this, although I admit that the practice of the United States in reality are often far from their ideals. "Torture President" Bush (George W. Bush) in office of U.S. influence and prestige caused "massive destruction", I thought so. What is more of the financial crisis. The United States in the past have at least know how to manage the reputation of modern capitalism. Today, this reputation has been passed over Wall Street as the 2008 cold and dead. But I am an optimist, so I hope the U.S. will one day out of the current political and economic quagmire.

In short, at least in the next few years, China will not become like the United States occupies a leading position in the absolute power.

First, we are witnessing not only the United States self-proclaimed "sole superpower" of the short end of the period, from a broader sense, we are witnessing the continuation of centuries of Western dominance to an end. The next few years, the relative decline of the West will have to cooperate with the rest of the world. This is a good thing, but will also bring many significant challenges.

Second, China is not only a "non-Western", and also has a distinct history, culture and political system. The latter is perhaps the most important point. And a government does not trust its own people to maintain the trust relationship between the countries is very difficult, and one can not accept the basic principles of rule of law, binding agreement reached with the Government as difficult - according to the basic principles of the rule of law, the people of the government, and the government has the people of the same constraints.

Third, we must recognize that change of power will always cause significant friction. Old big country trying to maintain what they regard as "natural" order, and emerging powers are dissatisfied with their rising power and status are always delays in the recognition.

But we must also understand the ongoing transformation of the potential benefits. People around the world - good luck and have a vision in the case - can be shared prosperity, to build a better common future and suggestions offered power.

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