A Power in the East- The Rise of China
In the last four to five decades, China’s growth has elevated it as a country to a position of major superiority and power. It has become what is seen as a superpower in the modern world, an Eastern country joining the ranks of the Western giants. The country nicknamed ‘the Dragon’, China has always been a strong nation with a great presence, but was overshadowed by western nations such as North America and Europe as they soared upwards during the industrial revolution, and maintained their strength through to today. However, China’s recent boom has seen it shooting back up to the top, and was brought on by a number of factors. The country’s economic, political and military improvements and current positions in the world have been the main factors contributing to its massive growth and current prosperity, and can be credited to various important factors within the country, such as its massive population, geographical size and location and an effective government. Despite China insisting and placing a lot of emphasis on the idea of its own term ‘peaceful rise’, its rapid expansion, especially in its military, has sent alarm bells ringing in other countries such as the USA, Australia, Britain and other western democratic countries, as it poses an increasingly powerful and formidable threat, along with old ally Russia. With the memories of the Cold War still fresh in our minds, a watchful eye has been placed upon this Communist country and the threats that it poses as it continues to rise. The growth of the Chinese economy is a major contributing factor to the overall growth and rising of the entire country. It is the second largest economy in the world, based on nominal GDP and Purchasing Parity Power, the first being the United States of America. It is also the most rapidly growing major economy, with average growth rates of around 10% over the past 30 years. China is currently the world’s largest exporter of goods, and...
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