6 China - China Wednesday, October 31, 2007 5:06 PM An...

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China Wednesday, October 31, 2007 5:06 PM 1. An Interesting case study o Because it is one of the few countries in the world that still projects the Communist ideology o Still it seems to be "flirting" with capitalism o The most populated country in the world, 1.3 billion people which means that 1/5 of the world's population lives in China One could also make the argument that a baby is born in China virtually every 2 seconds o Fastest growing economy in the world which means that their economy grows at a rate of about 11% every year But in having such a powerful economy, China faces a serious problem because it lacks in natural resources to help sustain its growth For this reason, China has been involved in signed various deals around the world for minerals, oils, etc. to help sustain their people This is why they have not taken a strong stance in Darfur because they provide o For all of these reasons, China often makes headlines which means when one picks up a newspaper, China is everywhere o This dedicates how important China has become internationally o For all of its economy growth and trade surplus, its per capita income is not the high. It partly for this reason that China still qualifies as a developing country o The US doesn't like the fact that China qualify as a developing country; and for that reason, there has been an undeclared economic war between China and US. Two US senators have taken the led in this fight: Charles Schumer (D) and Lindsay Graham (Rep). These two people have made many visits over the years and have said that China is guilty of: illegal currency manipulation, mercantilism, and their failure to play by the rules. 2. Congress o The Chinese system is not as autocratic/authoritarian as we thought it was It has been argued that governing in China is done more by consensus than by personal will We say this because the major objectives of Hu were somehow not fulfilled He wanted to reduced the Poliburo from 9 to 7 He wanted Li Keqauing to be his successor but Xi Jinping will be
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o Xi and Li - running in 2012 If these two guys become leaders, it will be the first time that rules born after the 1949 revolution o Hu Speech to Congress During his speech to the Congress, he made 61 references to democracy This means that China will not become democratic soon Objectives Reducing country's income gap
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This note was uploaded on 04/11/2008 for the course POLI 2053 taught by Professor Mokeba during the Spring '08 term at LSU.

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6 China - China Wednesday, October 31, 2007 5:06 PM An...

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