China, the world first economy in 2020

China, the new number one super-power (2013)

Welcome to the World of the Super-Power economies!

According to the newly study of Global Insight, China will become the first economy of the World in 2013 if the country manages to maintain its economic growth at such an increasing rate. What a prowess!

Since the beginning of its progressive change towards liberal economy, China has been making headline in newspapers. From its state of economic promiscuity and desolate impoverishment to its radical move towards Communism, China has never failed to grapple with future challenges that its own population has been faced to. The Chinese populations are well aware of the necessity for anticipating social, economic, and political crisis ahead. The Chinese Government has been well conscious of stimulating national productivity or even production to better the politico-socio-economic stability that it is required to set into motion the dynamism of a Nation, of a country, or of a sub-continent. If it is easy to oversee such politico-socio-economic dynamism in a small country, it is not the case of such a sub-continent as China. Geographically, China is really a vast country. The vastness or wideness of its territory helps provide a variety of sub-continental as well as sub-tropical climates. The diverse nature of Climates favors a diversity of crops -from rice, millet, to wheat fields. China immense territory and land have it equated with some of the largest countries in the world including Indian. Just as it has an immense extending areas, China has also a tremendous demographic population over one billion people whose ethnicity as well as cultural background are full of similarities and differences. Every insightful Economist will tell you how crucial it is to have such a considerable and dense population. We know that such a thing can promote and stimulate economic growth from within’. Demography or the study of population is one of the most important contributions to the understanding of the dynamism especially socio-economic dynamism which sustains the development of a country. Chinese who reside in the country or out of the country contribute to, at an extraordinary way, the rise of the economy. Thousands of millions of Chinese are living out of the country; they are striving to send huge quantity of money back to home. The nature of their unfailing patriotism and matchless sacrifice to their loved ones are legendary. How is it possible that such a country which was so underdeveloped and even classified among the poor countries in the world manages to reach such a progress within’ twenty five years alone after its march towards liberalization?

Japan was the first miracle country which became the second most powerful economy in the world after the United States of America and just within’ a short time of period. The Japanese defy all odds of probability as to the eventual and gradual evolution of an economy in a short period of time. None could almost foresee the powerful status that Japan could have held since its miracle rise as far as the political and economic and technological performances are concerned. Notwithstanding, the fact of such a rise is before everyone, before our own eyes. Yet, most people still seem to be unaware of the upcoming second miracle of its kind in the history of the World: The Chinese Miracle.
Twenty-five years ago, China was uneasily rising from the ashes of the disastrous ensuing consequences of World War 2 which tore the country into pieces. The progress was yet perceptible even if so much needed to be done. It was a shy, timid, but predictable progress ahead. Even if the country had been blamed for its inhuman practices, nobody could ignore that nothing from the outside World had been done to help and promote socio-economic progress in this country. Nobody dared to take steps to stimulating the human progress in this country after the horrific wars. Once again after failing to meeting with such challenges, China became victim of communist ideologies. Such ideologies lay the basis of the Cold War between the Communist Block and the liberal and democratic one. A drastic regime took place in China which indoctrinated Chinese to self-autonomy and self-consumption and self-reliance and self-reliability. China was then closed to outside world up to the end of Cold war and the apparent victory of capitalism and Democracy over communism worldwide. It was therefore after the Cold War that western countries tried to keep in touch with China as far as socio-economic activities are concerned. China was gradually entering into the World again. It managed to be an economic partner to many countries; It strove to maintain its leadership (agricultural products and textiles). It also engaged into foreign and diplomatic affairs more actively than in the past. It managed to rise as an influential political figure in front of the world.
With such a tremendous progress along with demographic and geographic potential, China reached an incredible status in the World, let alone forgetting the external revenues from its citizens living in America, Europe, or Africa. Many factors either economic, social, or political ones could convey a certain information about the quick increasing economy of China; however, one must keep in mind that China is also an industrializing economy.

For long time, China has favored human labor at the expense of introduction of machinery at a large scale. We know there used to be some machinery which were in use during the World Wars and the Cold War; yet, the productivity of such a machinery was very low. Chinese authorities could not rely on their efficiency at that time. Beside, the Communist Ideologies and the Chinese philosophies kept supporting the human labor concept rather than industrializing the production. After the ravage of wars, China has decided to get involved with industrialization. The process is likely to reduce the scale of labor force, but it can stimulate the economy in such an efficient way that no human force could be comparable with. The decision of introducing industrial complexes-at a larger scale- in the economy has been heard of. In order to boost the economy, it was required to establish economic reforms. One consequence of such a reform helped the establishment of foreign expertise in the country. With the help of industrial societies, a new generation of robots and machinery was introduced in the industrializing Chinese society. The support of foreign currencies into the Chinese economy managed to improve the eventual internal socio-economic crisis which was taking place at the same time as second class workers were being laid off at the expense of foreigners. Today, China has managed to modernize its industries with newly industrial mechanisms. Such a modernization has gone along with a sophisticated robotization of transactions and exchanges between firms within’ and out of the country. Of course, such a thing could only benefit from local economy which can now capitalize on the external exchanges between China and the rest of the World. The era of globalization has made it imperative to China to be competitive in the Market system. It requires of it to be in fashion with the World. If the process of globalization has required a modernization of the economy, it has also required China to launch a series of ambitious reforms among them are political and military, strategic and scientific ones. The increasing amount of weaponry fund, of investment in Africa recently, of space conquest denotes such an ambition.

Now, at the dawn of a new era, a new born Baby is opening its eyes; its eyes are watching over the world as never before; its eyes are secretly scrutinizing the wealth and potential of under developing countries. Such a newly Baby in the new economic configuration of the World is greedier than ever. It has already been a super-power; yet, that is not enough that is because such a super-powerful Baby or Entity, in order to be self-sustainable, has to manage to adapt itself and to take profit wherever it may be no matter the human costs whether it is a violation of human rights or political support to non-democratic regimes in place. The Baby who is newly risen up does not care about what others may think of it; it seeks its natural growth beyond biases. It seeks to transcend the hypocritical views of the western world. The only thing that we can do is to scold the Baby when it is disturbing and troublesome; yet, even if we scold the Baby, we still infuse Love into the Heart of it . China is the newly Baby, a socio-politico-economic Baby which deserves as much respect and honor as the rest of the world. However, if we want to change the behavior of a Baby, we have to educate those who help it grow, its entourages, and its natural greed for material food.