China The Rising Power?Militarily and economically?

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?

China The Rising Power?Militarily and economically?
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.
Reply:Chinese are having a new cpu chip company giant that can compete with Intel company. their chip have been adopted by Sony Corp already to be used in most of their electronics appliances in the near future. Report It

Reply:Both. They already have the largest military and their economy is growing like crazy since the U.S. resumed trading with them.
Reply: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.
Reply: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.
Reply:The moment the USA stops buying from China, China will


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