China Essay • Chinese legislators unveiled several proposed amendments to the state constitution. One of the most significant was a proposal to provide protection for private property rights. Legislators also said there would be a new emphasis on certain aspects of overall government economic policy, including efforts to reduce unemployment, to resemblance income distribution between urban and rural regions, and to maintain economic growth while protectin the environment and improving social equity. They also aimed at building a harmonious society through more balanced distribution of wealth and improved education, medical care and social security. • With China’s economy booming and the growth rate soaring, China has quickly become the new economic rival of the US. China is the largest US trade deficit in 200 billion. Strategically China and the US have common interests, the US needs them to help combat terrorism. Diplomatically is where the two countries fail to see eye to eye. On the US side, by redefining China as its rival rather than
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