Role of China as emerging power in international relations
Answers
absolutely booming economy, massive workforce, and advances in politics and their foreign policy, there is no question that China has already achieved superpower status. Some people still
argue that while their economy is doing great, their politics are still not up to par with the world's current superpowers but they forget the fact that a country's politics does not alone dictate their status in the world
Already there are signs a Chinese model for development, based on an authoritarian political system and state-directed market economy, could gain traction against the more liberal ideals long promoted by the U.S. and post-war institutions like the International Monetary Fund. Some countries, including Cambodia, now follow Beijing’s direction, attracted by China’s deep pockets.
Still, Beijing’s crackdown on free speech and other social liberties doesn’t suggest a self-confident regime. A budding trade war with the U.S. has helped shave about 20 percent off Chinese equities since January, triggering a domestic debate over whether Xi has already overreached by bidding so openly to challenge the U.S.
Consider, too, that the average Chinese remains less wealthy than the average Mexican at a time when the population is already starting to age. Some investors wonder about the health of big Chinese banks, whose lending for decades provided the investment-led growth on which the party relies for its legitimacy. If this is a superpower in the making, it may be a fragile one.
yet we Indians wish to see India as an emerging super power but let's see what happens next