Download China in 2020: A New Type of Superpower (Thornton Center by Angang Hu PDF

By Angang Hu

The fast velocity and grand scale of China's upward thrust have produced a heady mix of ask yourself and consternation within the West. Is China on the right track to develop into a superpower? What may that suggest for the remainder of the area? Economist Hu Angang methods those questions via research of 3 significant dimensions of China's upward push: its total financial and social improvement; advances in schooling, technology, and know-how (including replacement energy); and the most probably issues posed by means of source shortage, environmental degradation, and weather switch. After 3 a long time of unparalleled monetary progress, China is now domestic to the world's second-largest economic climate. it's the world's greatest exporter and its second-largest purchaser of power (as good as no 1 in carbon emissions). Extrapolating from those seismic alterations, Hu forecasts that by way of 2020 China becomes a "mature, accountable, and tasty superpower" that would give a contribution, along the ecu Union, to the "end of the unipolar period ruled through the United States." China in 2020 offers a local chinese language point of view at the demanding situations and possibilities that Beijing will face as its international footprint expands. via a meticulous exam of China's improvement trajectory, Hu Angang explains how his nation—as the world's biggest rising market—will effect worldwide monetary development, overseas direct funding flows, power intake, and carbon dioxide emissions. He proposes a complete strategic framework to lead the subsequent degree of China's upward push, trying to maximize the country's optimistic impression at the global and reduce the adverse externalities of its meteoric improvement.

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These pessimists’ criticism is as broad and comprehensive as the assessment of the proponents of Chinese optimism, covering all of the important economic, social, political, and foreign policy domains. Critics acknowledge China’s impressive economic growth during the reform era, but they believe that it was mainly, if not entirely, achieved through socioeconomic circumstances such as cheap labor, the nature of the early phase of industrialization, technological free riding through imitation, and a lack of concern for energy efficiency or environmental protection.

This period, which continues through the present day, drives China ever closer to completing the U curve. 43 With this as a backdrop, this book discusses how China rose so rapidly to become an emerging superpower. My main thesis is that, from the perspective of the history of modern global economic development, China is due for a period of rapid GDP growth. Moreover, China’s rise represents an opportunity for the rest of the world rather than a threat. indd 11 3/22/11 4:01 PM 12╇╇ china, an emerging superpower Figure 1-1.

In the United States, by contrast, the percentage of elementary and middle schools that offer foreign language courses declined from 31 percent and 71 percent, respectively, in 1997 to 25 percent and 58 percent in 2008, mainly due to budgetary constraints. 54 As Hu documents in this volume, the number of Chinese with access to higher education reached nearly 98 million in 2009, 543 times that of the 1949 figure (185,000). D. ” In some research areas, such as life science and biotechnology, nanotechnology, laser technology, and electric cars, China has become a world leader.

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