With China set to overthrow the united sate of America by 2020 as the world's biggest economy what is the future of the world going to be like in the hands of China?
Will the world fair better under China than it did under America, because the change of baton is just few year ahead.
It's been an almighty rise for the Chinese
I'm surprised at 2020, I would have thought much sooner
Supposedly according to Myan predictions, the world will come to an end at
21-21-2012; if this is true what happens to the prediction for 2020? We won't be here!
Yeah the chinese controlled economy has been a massive success they will pass the US and as long as they keep to themselves and just do bussiness then they will be a million times better for the rest of the world than the US was.
They've been saying this for some 5 decades.
"OH look, the world is going to explode, and we're going to run out of resources".
China's global dominance is real, it is a great fit for them.
It isn't going to happen. Their government is too restrictive.
Once they open up much wider - MUCH WIDER - they'll have a chance.
They still can't even make cars that conform to 10 year old US safety regulations; they still have millions of poor without indoor plumbing; ghost towns (which make GDP look higher) abound en masse; and highways are still new to the Chinese - there are numerous accounts of people just running across 8 lane highways because "they have to cross the street".
It is not what the status of China is right now. It is about the change rate.
Although coming from very low level, the rate of change is impressive and can be clearly seen in everyday life.
Don´t underestimate them. The Chinese capital investment rate is much higher than its amortization rate. That alone expresses enough compared to the US economy (having a negative investment rate, assets deteriorating fastener than being replaced).
Once again, the Chinese government is too restrictive to allow any sort of massive revolution in power shift.
The only real way that China will take over is if the US continues to castrate itself with regulations and theft through a central bank.
Who says a power shift will be necessary. Chinese culture is driven by hierarchic Confucianism (keeping the communist party on top) and a touch of Daoism (which adds the glue of tolerance to society).
Chinese people are very pragmatic (you may say, they don´t dream much) and there is a certain lack of creativity. But that is possibly what keeps them highly productive, not getting confused with many individual ideas.
So for now they need the (still) creative western culture to produce ideas. The chinese economy will grow until they have to adopt western cultural habits to create their own ideas. But then it will be over with growth as usual. By then China will have passed the US GDP. 10 years to go, may be less.
Better lean Chinese. Ni hau.
No, Chinese people are people, and they react to incentives just like everyone else on this planet (lest your opinions are actually based on racism).
China has very restrictive policies in place, and it will continue to keep their growth stifled with bubble after bubble.
I am not talking about people, i am talking about culture.
While western culture is much based on individuality, eastern culture is related to subordination in hierarchical structures. This may look strange to us westeners, especially Americans.
My personal experience with China goes back some 20 years. Much of what i witnessed since then is perferctly described in an old book from Lin Yutang: "The Importance of Living".
All i know is that looking at different cultures on this planet from a western perspective doesn´t lead anywhere.
The pollution caused by the county with the world's biggest population will be a huge problem for the entire world. The coal power stations being built to keep up with this economic growth, means that China can no longer be seen from space because of the smog covering it.
America is number one emitter of green gases, What about this injustice:when the rich and develop countries that contribute to over 80% of global woman play with the issues of climate change and control!
China is not doing anything out of proportion.
Hahaha that renders all those military satellites useless.
It has been predicted for a long time. Since the demise of many of the old line communism, China has been veering towards capitalism and a market economy for quite a while. Furthermore, Chinese children have more math, computer, and science expertise than our American children who are failling behind in such subjects. What do you expect? China is ready. However, China does not have our illustrous democratic tradition. It has a very egregious history of civil rights violations, especially with the nation of Tibet..
The impact of China will affect all of us. As they rise, the cost of luxury goods will rise also. I spoke with a fur company and the demand they are seeing already from China has affected their prices. The fashions will play this up and the expensive items will become even more sought after. It will be an interesting change to the world.
I have faith in the human race and pray that China will open their communications and allow the Internet so their people will be able to communicate with the rest of the world.
World peace remains my prayer. It is forums like these that showcases how similar we really are.
I doubt China *will* be 'the world power' by 2020.
That nation's rise has been impressive, and the gains made are not just a fluke. However, there will be trouble for China, too. Pollution is a big problem--and one that they are working on, though this is not well-known here. Still, it will be a drag on growth. A sub-set of that will be continuing climate change--China has some serious vulnerabilities in that regard, and could see real food security issues because of drought and/or flooding, both of which are expected to become more frequent. (Yes, I know that sounds like a paradox, but it's true.)
Also, China's political house is not in order. Rising expectations combined with a repressive political structure (not to mention serious regional and religio-ethnic tensions) set the stage for serious civil unrest. You can't say when it will break out, or just how serious it may be, but it's a real possibility, and one that could derail the 'Chinese express' for quite some time.
I don't agree, what's the source? The economic advancement of Nations is similar to cutting a path through a thick jungle. America as a Nation has spent the last 70 years aggressively moving forward and carving their trail. Whereas China more recently stepped up their advancement, while they may be advancing faster than us we are still significantly ahead of them in the game .
Source: too many Economics classes
Ironically, those who have benefited most from the exploding Chinese economy (wealthy Chinese) see their future looking brighter elsewhere, especially in the U.S.
The basic freedoms that we take for granted are considered very precious to those who lack them, it seems.
http://news.yahoo.com/top-chinese-wealt … 26880.html
They won't be able to overthrow America without a fight and I'm pretty sure America has more allies then China, that's for sure.
Let us cross our fingers that the Chinese government will gradually loosen its grip on the population so that economic growth and wealth, couple with the lack of liberty, will not lead to civil unrest or even worse
This is where dilemma comes in: is a Communist government or a Democratic one better? Which governance ensures real prosperity for the country?
I welcome the Chinese taking over in 2020. Instead of American getting sucked into people's problems let them go to the Chinese and have them handle it. I can't wait.
Anyone would think that you want to ignore problems in the world as long as they're not on your doorstep and to hell with the opressed and the victims.
Well doesn't the world think America is the one doing the oppressing right now? I say it's China's turn. Let's see if they feel better with China at the helm
I think it is just nature and natural selection at its best. Everyone will always fight to have their say and make others do what they want wether it is Hitler, Churchill, Bush, Ghadafi, Obama.
Of course the dominant power will always win and the dominant power is, more often than not, the one with the most people in agreeance with it.
Since America is a democratic country, and such a large one at that, I cant see america losing the leading spot of the world anytime soon.
Dont forget, it is not just about one countries size, it is about the combined size of all their allies too.
America does not have allies. The Europeans, Asians, South Americans have been chafing under our empire because of all the military bases that we have in their countries. I suggest that the Chinese take over these bases.
Tony Blair seemed to be under the impression that America and England were allies
I suppose it would depend on how you define "ally". This is a definition I got online just now;
Ally; A state formally cooperating with another for a military or other purpose, typically by treaty.
The paper is only required to record what people decide. If a dictionary definition of a word is the most widely acceptedn definition for that word, then maybe you define "ally" differently to most people.
Allies and alliances are convenient political constructs. If the people themselves in various countries regard the United States as an intruding hegemon, then it is an ally on paper only.
Most people in england are unaware of the 7 USAF bases here in the UK. Some of them are negligably small.
In fact, since they are here, I find it good to know that there are extra aircraft here that can be used to defend our country without my taxes paying for it.
Yes, the US and British militaries maintain a staunch and steady relationship regardless of who is President or Prime Minister. It's unfortunate that we can't have more.
Britain is an ideal place for America to have bases, close to mainland Europe, and Britain is not too stupid to underestimate the benefits of having free American aircraft onside.
I think it has got to do with China having the world's largest population.
Exactly, they also have thew world's highest number of people that are employed, think about that too, not narrow minded.
I believe the rise of China will do the world a whole lot of good. In terms of morals, those guys are cool and i particularly like their simple life style.
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