China As One Of The Global State Superpowers: The Dynamics Of Economy
China is considered as one of the superpowers in the globe other than the United States China as a superpower had met the growth beyond the standards according to the history of mankind. Despite the long development of the China as a superpower, it cannot be denied that problems are still trying to steal those changes. The challenges faced by China as a state come in many shapes, sizes and appearance as these involve the industrial labor revolutions, industrial labor and overheating of economic growth as well.
There were also other scholarly articles like the Bloomberg Asian Business articles which had been furnished and copied to show how China created and edge for economic standards compared to other states, yet truth be told that they have also faced some crises in between.
The articles and artifact are great sources to allow you dig into the past and the present to the understand the current standing of the State in the world system
The China’s behavior had always been leaning towards expansion of growth whereby they could stand with the same level to the United States in terms of their currency and other aspects. The expansion of growth of the State of China over last 30 years can never be undoubted as the have already surpassed standards but that would still not enough to walk along with the power contained by the United States of America in terms of their flow of money. The rise of China’s currency can still be something to be challenged as it is not in accordance really with the proper numbers. What happened was that China started resorting to the printing of money resulting to a massive inflation that had prejudiced the welfare and interest of people.
The loans may be of help in the short term but let me tell you that loans or bonds coming from the corrupt banking system will certainly make a drawback when they are not rightly given immediate solution. The emergence of many scholar comments have flooded the china’s media when they start believing with the strategy of printing money and loans and most of them really have a say about the causes, consequences and good effects that the country may get along the way.
The sudden rise up of currency is really a frustration to the China because they have already resorted to currency manipulators which are not really healthy anymore if it would be of prejudiced to the masses or lower class of society. China’s actions will surely be of consequence in the end yet it is also something worth to look upon by the global actors to realize how changes or manipulators can really affect the world economy. Wishing for economic explosion is not a bad thing but one must always take consideration with the effects of the action they make to the future generation.