Article Abstract:
There are different views of China, such as an attractive economic opportunity, and an international threat. There are hopes of opportunities from Chinese membership of the World Trade Organization (WTO) and from opportunities offered by internet companies in China. Low incomes restrict the development of markets in China, though WTO membership could help foster private enterprise and help develop rule of law. There are risks from the development of China's economy if political reform does not take place, and western governments should be aware of the different interests within China.
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Article Abstract:
China is celebrating 50 years of communist rule and the Chinese themselves have to tackle their own problems of how to adapt, though China is likely to be difficult to deal with. Economic growth has to be more rapid than population growth, but state ownership of parts of the economy hampers growth. China has been closed to outsiders until after Mao, when China became more open. Nationalism could be used by the Chinese leadership as the communist movement wanes in terms of its ideological binding power.
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Article Abstract:
China's thriving economy will soon create rebellion against Communist Party rule. The economy has grown thus far under Communism, but soon the state run industrial complex will slow down growth. As the people gain more prosperity, they will want more freedom too.
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