China has the capability of being a global super power and if the United States does not improve or follow their lead they will be surpassed. China has a larger population and is going to invest billions in their infrastructure to reach their goal of being at the top.
China is currently allocating their markets worldwide and are having a huge success being the number one trader for many countries. The United States needs to soon act upon these actions and replicate them. If the U.S. does not act quick China can be a threat in many ways including its military.
http://thehill.com/opinion/international/359652-united-states-has-to-keep-pace-with-china-and-its-economic-power-plans
With the Chinese Economy on the rise it is important to also look at history. When a country industrializes social change almost always is a direct impact of industrialization. Whether this is due to the more money that people have in their pocket or the increased public attention to the rights of people. The Chinese government filters a lot of content in China and does not allow basic free speech that we allow here. I think these issues may play a part in China and could impact economic growth going forward.
ReplyDeletethe us economy is still seven trillion dollars larger than the Chinese economy. While growth in China is more rapid at the moment it will slow down. Also the US economy is expected to continue to grow at a steady rate. I don't see China surpassing america in the coming years.
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