China as a Global Economic Superpower

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Essay #: 063163
Total text length is 5,026 characters (approximately 3.5 pages).

Excerpts from the Paper

The beginning:
China as a Global Economic Superpower
As no news to anyone, in recent decades The People’s Republic of China has become one of the fastest growing economies in the world. But as the nation continues experiencing remarkable economic growth, there are concerns about China's willingness and ability to assume a proper role as a global economic superpower. Are these concerns warranted?
In the article A partnership of Equals: How Washington Should Respond to China's Economic Challenge, author Fred Bergsten raises a number of issues regarding China's behavior in the global/international economy that appear to support concerns about the country as a superpower. One of the main problems is that China is still "poor, significantly non-marketized,...
The end:
.....t in saying that this is not the formula that should ideally accompany superpower status and it is time to confront China, not engage with them as U.S. Administrations America have done decade after decade (Bergsten, 2008, pp. 1-5).
REFERENCES
Bergsten, F.C. (Jul/Aug 2008). A partnership of Equals: How
Washington Should Respond to China's Economic Challenge. Foreign Affairs. New York: 87(4); 13+.
China adjusts processing-trade policy. (2007). attimes.com.
Retrieved October 14, 2010, from <http://www.atimes.com/atimes/China_Business/IH16Cb01.html
Rodrik, D. (2001). Trading in Illusions. dept.econ.yorku.ca.
Retrieved. 9 Oct. 2010
from <http://dept.econ.yorku.ca/~ricardo/ECON%204129-5910%20FALL%202010/rodrik%20-%20trading%20illusions.pdf