Will China Be The Next Superpower Essay Example | Topics and Well Written Essays - 1000 words

Will China Be The Next Superpower - Essay Example China will be the next super power as it is the biggest Asian country and has emerged magnificently economically all around the globe. The pros of China becoming the next super power support their discussion through means of economy, trade, and technology and labor force. By nominal GDP, China is the second largest economy with a growth rate average of almost double figures for over three decades. It is the fastest growing economy, and it is concluded by many analysts that by the year 2020, it will be the largest economy of the world surpassing its rival country. America’s growth rate in comparison with China is very low, and it is also indulged in two wars, which makes it impossible to compete and lose its lead soon. In the trade, China is the largest exporter and second largest importer, which enhance its Balance of Trade, which is fruitful for its economy. China is also in contract with many other nations and does free trade with them, which increases its imports and exports and develops good relations with them. It has made prompt advancement in areas like infrastructure and high-tech manufacturing. In recent decades, China has also developed swiftly in science and technology with the help of its government, as it is considered socio-economic development of the country and also its national prestige. China is the most populous country, with the largest labor force, which helps the boom in their economy and is one of the reasons that will lead China in becoming the next super power. The people who are in favor to the debate that China will become the next super power give the above reasons for their support, as they are certainly the pros towards the topic. The group of cons of this topic strongly feels that China will not leave behind America and become the next super power. They believe that nations cannot become a super power