East Asian countries are really known
around the world nowadays. For example, in the United States, these countries
are known for being a direct threat to our economy based on their recent growth
in the areas of technology and industry. China, in particular, is known for the
rapid growth since they have switched from a very centralized economy to a
market economy. I’ll discuss those two global perceptions for a country in my
region China.
First, I’ll talk briefly about the
power of China. The armed forces contain 2.3 million soldiers and they have a
really strong and active weapons system; not to mention the 14 nuclear power
reactors they have to create nuclear bombs and energy. In addition, they still
plan for more reactors in the near future. Additionally, China is rapidly
becoming self-sufficient in reactor design and construction, as well as other
aspects of the fuel cycle. As a result, China is rising noticeably in nuclear
power, which made countries such as the United States to feel threatened by
China.
Industry in China is a major
component to the country’s rising economic success. Most of the products we use
daily are made in China. Also, the statistics have shown that the growth of the
domestic production has increased by 10.4% in 2010. Furthermore, China’s export
growth has continued to be a major component supporting China's rapid economic
growth. Many of the top American companies go through China to take advantage
of the cheap labor, meaning that more Chinese citizens have jobs and are,
therefore, able to spend more money. These companies contribute to the growth of
China by allowing for more exported goods.
In conclusion, China is growing fast
in their economy and nuclear power, causing the western world to think of them
as a threat to our economy. Also, they still offers a lot of innovations in
technology, which is been exported to the whole world.
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