China The Rising Power?Militarily and economically?

Question

The Chinese are surpassing the Japanese economically now in terms of GDP.But when will they be able to compete with the Japanese and Americans with thier own products(BRAND NAMES AND CARS)Yeah the Chinese make Lenovo but what other companies that are actually Chinese compete?

Answer 1

Our age is the age of consumption. More consumers, more products. The main advantage that has China today is the low production costs, due to the low-cost labor force. China is almost satisfying the need of the Asian and East European countries in consumer products. To do that they do not need their own brands and trade marks. Simply they can buy licences and patents from European, American and Japanese Trade marks (Franchising) and inventors directly or through the pouring into the Chinese market TNC. The businesses in the global market of 21st cent. will not be based on traditional way of doing business and such countries like China knew that.
The population growth was the major tool of development and economic prosperity for centuries all over the world. So 1.3 bill. people need job, home, education etc. This social factor will generate the internal market of China.
The government of China knew that and not willing to lead a policy of pure market economy, but mix the political advantages of command economy with the mixed economic system. The centralization of political power suit very well the psychology of eastern people (one commander-leader of the nation).
Chinese monetary policy (regulation of exchange rate and discount rate and currency reserves held by the National Bank of China) is the best way to show that China will be able to control the money market at least in the Asia and compete against USD, EUR and JPY. Also do not forget about the domination of China in WTO (as a leader of developing countries). Other factors that may change the role of China in the world are close cooperation with Russia, India, Iran and other countries of the region, gain of competition over the natural resources of Latin Americans and Asian countries (Turkmenistan, Iran) including Russia (Project Sakhalin 2).
Step by step liberalization of economy and increasing of military power will lead the China to the summit of leaders soon.

Answer 2

In some options you're top once you say that the chinese are responsible for the ills of the international debt disaster, yet in uncomplicated words in a round about variety of way. the actual shown reality that all the business and guide jobs have lengthy previous to china is due specifically to the actual shown reality that multinational industrialists have the opt to make has a lot income for the least funding of capitol and because its prices about $20 an hour for individuals to be employed and $20 a week for chinese workers to be employed then its obvious why the roles have lengthy previous to china. there is also the actual shown reality that human beings and Europeans were seduced by potential of the low-priced prices of goods made in china, which leaves regionally made products on the cabinets unsold, so if individuals and Europeans are searching for human beings responsible for the demise of the business base of the west then they choose look no extra than in a reflect because if individuals and Europeans hadn't presented the low-priced products in then china does no longer have grown so right away and western governments does no longer be in a lot hassle. the actual malicious program interior the soup is that by using turning out to be unemployment of western workers, governments adventure lack of tax gross sales, which then signifies that governments ought to borrow money to pay the social welfare advantages . Its a loopy international we stay in little question, most of the money that the west borrows comes from the chinese, and finally ends up going again to the chinese two times over because no longer in uncomplicated words do the governments ought to pay the bonds ,that the chinese carry , yet besides a sturdy share of the welfare funds get spent on chinese made products which in turn keeps the chinese workers employed and the american and Europeans workers unemployed. its a mad mad international..

Answer 3

They don't have to "compete" they just steal other people/countries patents and flood the markets with their cheap ripoffs.

The situation in China is eventually going to become nasty. They are producing more pollutants and killing our earth faster than all other "western" countries combined.

And they don't care. They run child labor sweat shops, buck any attempt to protect their citizens and are opening more power plants and manufacturing companies than the world has ever seen.

Trouble my friends, big trouble.

Answer 4

Like many people you are overestimating where China is. It has NOT caught up to Japan in GDP, and will not for quite a few years.

Answer 5

The moment the USA stops buying from China, China will
collapse...

Answer 6

Both. They already have the largest military and their economy is growing like crazy since the U.S. resumed trading with them.