Wednesday, June 13, 2012

The Global Preceptions of China


            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.

No comments:

Post a Comment