China’s President Xi Jinping addressed his nation on New Year’s Eve. His tone was that of a triumphant general who had won the war against the enemy: the coronavirus. While the rest of the world is struggling to fight the pandemic, China has already declared victory.
China sustained an average of 9.8 percent growth, a pace not observed by any major country in history. Between 1981 and 2004 China liftedout of poverty lowering the poverty rate from 65 percent to just 10 percent. To date, it is estimated that somewhere between 750-850 million have been lifted out of poverty. Today China is the world’s second-largest economy, $13 trillion in size. This is an exceptional success story written by the Chinese people and told by the country’s leadership, the CCP.
But the road ahead will be bumpy. China’s greatest support in achieving Xiaokang came from the US. Summarising simply, China manufactured goods, Americans bought them, and with the cash receipt, the Chinese bought US debt and created a modern urban landscape. The country rapidly became the 'factory of the world' and the engine that fuels global capitalism.
US intelligence depicts China’s approach as “rob, replicate and replace”. China robs US companies of intellectual property, replicates the technology, and then replaces US firms in the global marketplace. The global community admires China’s accomplishments. However, the pandemic has damaged China’s standing. Human rights violations in Xinjiang and Hong Kong can also be added to that list.
Joe Biden told the New York Times that he will not make immediate moves against China. At home, he will force a bipartisan position and work with American allies in Europe and Asia to develop a coherent strategy to maximise leverage against China. He will focus more on “stealing intellectual property, dumping products, illegal subsidies to corporations than increased tariffs as Trump did.”
boyavuz 'To become a better you, concentrate on the work at hand at the moment. Do it and do it well.' China will continue step by step improving chinese people quality of living, and trades with Countries Mutual respect. Also, Reforestation and target carbon emissions. A lot to be done!
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China human rights: European Parliament has concerns over EU-China deal - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Why How long more with all these world devastations caused by China, as nations look on. It’s good to push for improving conditions with China. However, this MEP represents an alliance with 73 of 705 MEPs. 10.3%, not totally insignificant, but also what impact? Plus all this was already known and trade deals are planned years ahead of time
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