Question

In: Economics

Subject - International Business. If china becomes global leader by 2050 what will be the impact...

Subject - International Business.

If china becomes global leader by 2050 what will be the impact ? Explain.

Solutions

Expert Solution

If china becomes global leader by 2050, the following effects may take place.

  • With rapid growth, China is on the verge of becoming a super power in coming years.
  • On becoming a world soer power China shall try to influence many factors by applying its communist ideology.
  • With the rise in chinese power, African continent shall also rise as a world power.
  • China's rise shall result in making africa the world power.
  • China is the biggest source of investment in Africa.
  • Africa is China's closest trade partners and china hase managed to get more African countries in the UN and thus, it is clear that with the rise of China, Africa would also rise.
  • United Nation shall face economic depression.
  • With the rise in Chinese super power, United States shall slip into wconomic depression.
  • As a result, dollar shall be replaced by yuan and US shall not be in the position as it is at present.
  • This will result in many people to lose their job and import prices shall rise with decreasing export prices.
  • China shall control the education which is imparted in the universities.
  • China shall lure more and more students into its universities and shall impart communist influenced education.
  • Not only Chinese and African schools and universities, but also many schools and universities around the world shall be influenced by Chinese communist education.
  • Japan shall face downfall.
  • Japan has not fully resolved with China on the matters of world war II and other disputes.
  • Japan's position in UN is already weak and with the rise of China as a super power, it shall be thrown out altogether.
  • There may be a war netween China and United States.
  • President of China is already getting its world class military built.
  • This is a great threat to United States as there are contineous and aggressive political brawl and hassled tarif rates.
  • This cold war may easily turn into violent animosity between the two countries.
  • China shall intervene with world history.
  • China is planning to replace existing world history with their idea of world history.
  • Thus, if China becomes super power, it shall rewrite work history as per its communist ideology.
  • Taiwan may be assailed:
  • The rise of China as a super power shall result in Taiwan to give up its independence.
  • If Taiwan does not agree peacefully, China would go violent and invade Taiwan forcefully.

  


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