The Economic Rise of China
The Economic Rise of China
The international system has always been one of anarchy and chaos, as there is no overarching government to rule. Due to the structure of the system being anarchic in nature the international stage is one of constant change. For the past ten to twenty years the United States has managed hold the status of the world leader in almost any facet of the imagination at some point in time during its hegemonic reign. The United States has especially been a dominant economic figure in the international arena, controlling trade, investment, tariffs, offshoring, etc. That hegemonic status of the United States in now being challenged, as one would expect due to the explained nature of the system. The surprise is by whom it is being challenged. One of, if not the most, looming figure who has stepped up to challenge the U.S. is the state of China. China has become an economic power house in the world today as it has evolved rapidly despite the fact it remains to be undeveloped nation. The fact is that China may be a on the rise into a position where they may join the ranks of a world leader. In looking at China¡¯s growing economy, visible accounts of this growth are everywhere. Today ¡°the words ¡®Made In China¡¯ are as universal as money¡± . China has become a leader in manufacturing and assembling of clothing, toys, shoes, and so on. Not only have they made strides in becoming a producer of these everyday goods, but China is also on the rise in more technologically advanced goods and services. So the questions have now become in what manner has China been able to move up the economic international ladder?, where is this rapid growth leading China? and with new technology and monetary funds rolling into the country how has, and how will, this ¡°new China¡± affect the world international system?
China¡¯s emergence into its current position of economic explosion is said to have started in a few different times. We will begin at one of the earliest
The international system has always been one of anarchy and chaos, as there is no overarching government to rule. Due to the structure of the system being anarchic in nature the international stage is one of constant change. For the past ten to twenty years the United States has managed hold the status of the world leader in almost any facet of the imagination at some point in time during its hegemonic reign. The United States has especially been a dominant economic figure in the international arena, controlling trade, investment, tariffs, offshoring, etc. That hegemonic status of the United States in now being challenged, as one would expect due to the explained nature of the system. The surprise is by whom it is being challenged. One of, if not the most, looming figure who has stepped up to challenge the U.S. is the state of China. China has become an economic power house in the world today as it has evolved rapidly despite the fact it remains to be undeveloped nation. The fact is that China may be a on the rise into a position where they may join the ranks of a world leader. In looking at China¡¯s growing economy, visible accounts of this growth are everywhere. Today ¡°the words ¡®Made In China¡¯ are as universal as money¡± . China has become a leader in manufacturing and assembling of clothing, toys, shoes, and so on. Not only have they made strides in becoming a producer of these everyday goods, but China is also on the rise in more technologically advanced goods and services. So the questions have now become in what manner has China been able to move up the economic international ladder?, where is this rapid growth leading China? and with new technology and monetary funds rolling into the country how has, and how will, this ¡°new China¡± affect the world international system?
China¡¯s emergence into its current position of economic explosion is said to have started in a few different times. We will begin at one of the earliest