Question

Pros and Cons of China's Rise as a global power

Answer 1

China is one of the largest fastest growing economy in the world. over the past 30 years its average growth rate has been closed to the 10% per annum.

China is politically stable country. It has strong Central government system.

Following are the benefits of China emerging as a global power:

• China will make the global system more stable as it would emerge as a largest and strongest country in the Asian continent.
• Chinese economy is becoming largest economy in the world. Thus,it will make a larger investment in the research and the development activities. therefor the more innovations and technology oriented practice would be followed.
• China will have to generate the enough demand for the world economy. Chinese going to have largest market in the world in the coming decades. China needs to open of its economy so that the mall jobs can be generated across the world.

Cons of the China emerging as a world power:

• There will be a conflict between United State of America and China. It it would not be a favourable for the entire world.
• China is not good for the other economies as China pursue the policy of encouraging the exports and discourage the import through the manipulative practices.
• China is implicating other countries for the debt trap policy.