Monday, January 10, 2011

China economic dominance is no guarantee

Heavily indebted,overstretched,financially and military are in a struggle with their influence all over the world to have a strong effect or impression to impact the global economy.
after two centuries of the European and the U.S dominance , there was a long run people arguing, does it belong to china or not ??
The future may not be quite as you have been seen before . The west may well be retreating into the shadows of china .. which means that it is possilble that the economic crsis will cause the us to re-boot.

So china was thinking of a new global economic and political power which , that will be one in which the us will remain standing out.
there has been a gradual decline in the position of the economies, as emerging markets become richer, countries like these will become prominent and that will change the way or world works.
China is the world's biggest creditor nation , they lifted thier shares over the past ten years doubling to 7%.

china may be at risk now if the rising of currency ,trade, and protection of the past two years anything to go buy. The political debate in china is about china's need to change in the post-crisis world . Many new ideas came out including the countryside reform, such as: better social security,higher wages,easier labor migration, and investment new industries .


No comments:

Post a Comment