[ad_1]
America-China Economy: China is in the process of leaving America behind and becoming a world power. Along with this, he also wants to strengthen his hold at the global level. The New York Times writer and China expert Jessica Chen Weiss of Cornell University said that Chinese President Xi Jinping has failed in his attempt to control, surround and suppress China. They say that capitalism will be destroyed and socialism will win.
It has been said in the report that although most of such countries have collapsed on their own. China is afraid of being one of it. Furthermore, China’s economy today is more capitalist than Marxist and highly dependent on access to world markets. China has strengthened the army a lot in a few years. Dealed with Russia, suppressed the claim in the disputed area and also controlled domestic violence etc.
China and America tell each other weak
It has been said in the report that it is difficult to know whether it can change its economy or replace America with the world’s leading power. He said that Jinping and the Communist Party of China often try to keep and make America weaker than China.
China ready to take risks to become a global leader
China is trying to develop a system, so that it can strengthen its hold at the global level, but there is a constant debate in China on what cost and risk China should accept in search of a global leader.
China will have these challenges
The NYT had said in the report that China is facing economic headwinds and low population and may rival or even surpass the United States as the world’s largest economy. Although China is weak in terms of America from army to capital and trade etc.
read this also
FPIs: Foreign investors put in a lot of money in just four sessions, DIIs biggest seller ever
[ad_2]
Source link