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Why China Will Not Rule the World

Enrique Blair

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Published in The China Boom: Why China Will Not Rule The World (Contemporary Asia In The World)

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Economic factors

China's economy is certainly large, but it is also facing a number of challenges. One of the most pressing is the country's aging population. By 2050, the number of people over the age of 65 in China is expected to reach 250 million. This will put a strain on the country's social welfare system and could lead to a slowdown in economic growth.

Another challenge facing China's economy is the rising cost of labor. As China's economy has developed, the cost of living has increased, making it more expensive for businesses to operate in the country. This has led to a number of companies moving their production facilities to other countries, where labor costs are lower.

The China Boom: Why China Will Not Rule the World (Contemporary Asia in the World)

by Ho-fung Hung

4 out of 5

Language	:	English
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Print length	:	260 pages

Finally, China's economy is also heavily dependent on exports. This makes the country vulnerable to changes in global demand. If the global economy slows down, China's economy will suffer as well.

Political factors

China's political system is also a major obstacle to the country's ambitions of becoming a global superpower. The Chinese Communist Party (CCP) has a monopoly on power, and it is not likely to give up this power voluntarily. The CCP is also very intolerant of dissent, and this has made it difficult for the country to develop a vibrant civil society.

Another political challenge facing China is the rise of nationalism. In recent years, there has been a growing sense of Chinese nationalism, which has led to increased tensions with China's neighbors. This nationalism could make it difficult for China to build the kind of cooperative relationships with other countries that are necessary for a global superpower.

Security factors

China's security environment is also complex and challenging. The country has a number of territorial disputes with its neighbors, and it is also concerned about the growing power of the United States in the Asia-Pacific region. These security concerns could lead to conflict between China and other countries, which would further damage China's reputation and make it difficult for the country to achieve its goals of becoming a global superpower.

, there are a number of factors that will prevent China from becoming the next global hegemon. These factors include the country's aging population, rising labor costs, dependence on exports, authoritarian political system, and complex security environment. As a result, China is more likely to remain a regional power rather than a global superpower.

The China Boom: Why China Will Not Rule the World (Contemporary Asia in the World)

by Ho-fung Hung

4 out of 5