Business Chinese
ESSAY
1. Two terms ‘China rising’ and ‘China threat’ are often used together as a paradox to depict China’s recent economic take-off. Provide an in-depth discussion of the use of these two terms, and the general discourse of how international community perceives China’s fast-growing economy, particularly why China’s recent development has been portrayed in such different ways.
Wing Laam NG
09237119
Word Count: 1517
INTRODUCTION
This essay will discuss in depth the two terms, ‘China Rising and ‘China Threat’ which are often used together as a paradox to depict China’s recent economic take off. Within this essay an in-depth discussion of the use of these two terms will be depicted and the general …show more content…
During the 50’s much of China’s individual household farms were combined into large scale communes, and to support a speedy increase in industrialization, the government had utilize a lot of physical and human capital to achieve this during the 1960’s-1970’s. By 1978 almost all of the industrial production of the country was centrally controlled and state-owned enterprises (SOEs) which were on target with the centrally planned goals. There was not any opportunity for private or foreign invested firms at that time due to the common goal of the Chinese government to make China a self-sustaining economy. As almost all aspects of the economy was managed and run by the central government, it was a dry ground for firms, workers, and farmers to become more motivated and productive to be concern for the quality of the goods produced as the end result would be that they do not own it nor would benefit from making it any better than the goals that had been set by the government (Morrison, 2015, pp. …show more content…
The ideological orientation that makes China’s revolution so threatening both to America’s status quo and the global structure is formulated into 3 different logics that will be use to define the ‘china threat’ thesis. First of would be the fact that China still sticks to its old roots of the Chairman Mao days of communism has created a bad image of China to the western world. Next would be the geopolitical and geo-economics factors. To further clarify this, a number of realists and even China has dismissed this ideological straitjacket. As China now is a great power in the world of a humongous size and would only continue its own interest and respect. Academics speculate and fear that the introduction of democracy into the country will not only unleash strong nationalisms, popular nationalism will make China even more aggressive towards the US. Lastly, would be a scenario of the collapse of China which is in contrast to the above two perspectives. It is believed and there are concerns that if China were to suffer a sudden-death syndrome such as what happened in the Soviet Union and goes into chaos, an even tragic and worse situation would be created. This would be due to the enormous population size which would make refuge a problem, and a failed state and following crisis such as civil wars, crime and