MERGED: CHINA: Next Superpower?

[Mikelyap]

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Naka basa ko bro article regarding this I think sa time magazine... Base of what ive red murag hype lang na sya the china "is doing good" but actually grabe daw utang.. then america recognize this threat thats why china cant overcome the states.. China's biggest buyer is actually america.. but right know america is slowly regulating then importation from china.. making china loose sales.. if america completely shots down importation from china for sure china's economy will go down.. unless china finds new source of income..

[peewee_toot]

it is possible. who knows...

[kit_cebu]

IT ALREADY IS... you can see the evidence.....everything is Made in China...
but the world currency will never be Renminbi.... LOL....

[samsungster]

they will be super power in few years to come...

[godCode]

yup, sad to say they will be a super power years from now while america will decline.

[cliff_drew]

Given the present situation/problems stated by Visual C#, I don't think China can rival nor surpass on the "global superpower" thing owned by the United States. What I believe is, China presently does not aim to become a global superpower but to be a strong nation, a regional superpower. They put much effort on the defensive side to achieve economic prosperity backed up by modernized military means. Its impossible that they could built expensive attack weapons but their long time spying and siphoning of confidential data could help them lock down U.S. Military system.

China is still a developing third world country. But U.S. should never take them lightly for China has the potential to become superpower if and only if they overcome their internal problems. But that would take much longer time.

[MRchurchill]

China already is an economic superpower. FYI CHina is America's biggest lender and while America maybe China's biggest market, their economic relationship obviously is more beneficial to the Chinese than it is to the Americans.

Add the fact that America produces less scientists and engineers than China hell even India, plus the economic woes ailing the west and the aging of their population, I believe it will only be a matter of time before China overtakes the USA in terms of not only economic power but military as well. It's bound to happen in our lifetime.

Best thing to do right now is to learn Mandarin.

[Hotmomma]

China right now has a lot of problems that they'll need to fix if they are to stay as a united country or as a superpower. I hink it is out of the question for them to extend their reach far beyond their borders given these problems.

China's Problems:

- Geography: China is an island. It is obviously not surrounded by water except for its eastern flank, but it is surrounded by terrain that is difficult to traverse. There's the Siberian steppes to the north, the Himalayas and impassable jungles to the southwest. They can't expand; they currently have 1 billion people living near the coast, an area that is barely half the size of the United States. This also presents challenges (and it already does) with 1/3rd the arable land per person as the rest of the world. Current Chinese territories also contain non-Chinese buffer regions, such as Xinjiang and Tibet. The only real way to expand is the coast. And that's where a lot of problems begin.

- Massive income inequality: Historically, China, when it engages in trade, it has do it through the oceans. The end result is that the coastal regions become wealthier, but the poorer interior regions do not. The government is hard-pressed to satisfy both, but can do neither. If they try to bolster the central Chinese regions, the coastal regions will protest, and will try to get the support from foreign influence. This has huge potential to cause massive social unrest.

- An economy heavily anchored on exports and bad-performing loans: China right now is what Japan was in the 1980's. Fueled by government backed loans and high savings rates from citizens, Japanese businesses were able to borrow money very cheaply from the government. It fueled production for exports, but it didn't really matter whether the businesses were getting any profit. Loan after loan, the debt structure grew too massive until it became unsustainable. That's why the Japanese went through a severe recession in the 90's. China is heading on the same direction. Recent estimates put China's bad loans to be around $ 600 - 900 billion, around 10% of their current GDP. Without enough domestic demand to pull the country's economy, any economic hiccup in their largest trading partners would put their economy at risk. At this time, it is holding itself together, but we will most likely see the start of a long and harsh decline of the Chinese economy by 2015 or 2020.

- Other miscellaneous problems: environmental degradation is already being felt across the country. China is now the world's no. 1 contributor of air pollution around the world. China currently has 20 of the 30 most polluted cities on Earth. And they're doing very little to get it resolved.

Regarding their military: yes, it is rapidly modernizing, but it will take years for them to actually match US naval power. US naval power is larger than the next 13 largest navies combined. Creating and maintaining a navy takes a very very long time.

So my whole point is, China is not going to be a major superpower in the next 50 years. It has a long way to go.

Interesting article.

[fingolfin]

.. i'm no economist, but the one thing that i've seen that's the cause for china's super boost in their economy is their population. In TV rights alone, many Tele companies all over europe wants to get a strong foothold on china because, millions upon millions of people do watch tv and that would mean millions of revenues for the tele company. And second would be, the labor in china is cheap, giants such as Sony and other companies opted to make factories in china because they pay less for the salary. China can never be a world super power, they can't dictate, they are merely puppets to america and europe. Well, asian superpower, that's feasible, but global, nope.

[Man4Rental]

Para nako, Without prejudice sa China no, Maglisod sila ug compete even to level lang sa quality sa US

Pero China is always there to copy,imitate,replicate stuffs. Bisan unsa. more or less ma copy pero I doubt kung same quality sa Authentic or Real Item.