how current Economic influences are prevalent within china and what changes are made within china in...

how current Economic influences are prevalent within china and what changes are made within china in political structure

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Expert Solution

China is seen as the 2nd largest economy because of which it has a tremendous influence on the global economy. But presently, it is in the stage of transition. Now we can see a change in the economic equilibrium. It is just because of US-China confrontation. There has been some changes in US policies towards China in terms of tariff barriers and many more.At present.,China's economic outlook will be dependent on the trade terms with US. Now, economic growth of China is 6.2%.

As far as political structure is concerned, it is important to approach towards political freedom. It means it should follow Asian models as seen in case of South Korea, Taiwan and many more. It is seen that there is an increase in Middle class group.,an increase in economic standards will lead to more interaction with the rest of the world.

Ultimately, it will lower the dictatorship regime and create an aspiration for more and more economic participation of younger generation.

Rahul Sunny answered 2 years ago

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