China Presentation

China Presentation - China Presentation Question: Does a...

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China Presentation Question: Does a "Rising China" pose a threat to the United States? Will China become the second superpower in the world? - The Real China Threat o Will China overtake the United States as the world’s biggest economy? Samuelson “it most certainly will” o China economy a 1/4 th of the current size of United States economy Goldman Sachs: overtake US in 2020s Average American incomes will be twice chinese incomes in 2050 o Real threat: China will destabilize the world economy Challenge fundamental tenets of existing glocal economic system o Norms established by United States after WW2 Raw materials available at nondiscriminatory prices Countries would not manipulate currency to gain advantage o China’s Political goals High economic growth and job creation Stabilize and absorb huge rural migration to expanding cities o Urban inflow of 17 million annually Prosperity essential to maintain public order and Communist Party’s political
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This note was uploaded on 03/27/2010 for the course EASC 150g at USC.

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China Presentation - China Presentation Question: Does a...

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