Table of Contents 1
Abstract Summary 2
Introduction 3
Technological Advancements 5 Aerospace 5 Nanotechnology 8
Miltary Advancements 20
History of Peoples Liberation Army
Advanced Weapon and Technology
United States Reaction to China’s Military Advancement 22
Manufactoring Advantage 25
China’s Manufactoring System 27
Conclusions 27
References 31
Appendices 34 Appendix 4 Corporate Governance(Nov 2010)___________________________________________35
Abstract Summary
The aim of this research paper is to discuss China’s threat to the United States economy due to China’s tehnological advancements, military advancements, and manufactoring advantages.
The research paper goes over China’s economic history, which dates back thousands of years ago. China’s economic history, which is usually divided into three periods according to the era, will give reasoning to their growth throughout the world. Later the paper discusses the advances China has made over the United States with the use of aerospace tehnology and nanotechnology. China has acquired many resources that has other countries turning to them for trade and knowledge. The miltary advances that China has made in such short time gives insight on just how much China can be a threat to not only the United States, but other neighboring countries too. China is one of the most technological advanced, most populous, and the most civilized country in the world. China still holds the title as of being one of the world’s most leading economies.
Introduction
China’s Economic History
“If you want one year of prosperity, grow grain. If you want 10 years of prosperity, grow trees. If you want one day of prosperity, grow people”(Hayes, Jeffrey). China’s population is the main driver for economic growth. The economic history of China goes back to thousands of years, which include stretches of recurring cycles of both prosperousness and
References: Appendix 4 Corporate Governance(Nov 2010)___________________________________________35 Abstract Summary As a result, China has selected nanotechnology as one of its national priorities, as stipulated in the Medium and Long-Term Plan for the Development of Science and Technology (2006−2020), hoping to achieve some type of leapfrog position.