Analytically, china is seen as being very aggressive for the outside world but regionally they start becoming oppressive. This combination tact is to enable it to wedge forward for further prosperity while they are suppressing any regional power that can topple them from the helm. This is the oppressiveness that is being felt with the change in foreign policies that China has been busy changing. To this effect, it can be seen that the impounding implication of China rise to power is not to the best
Within these spheres the regulatory major power claimed privileges of investment, and it was feared that each would seek to monopolize the trade, primarily by Russia, France, Germany, and Great Britain. This was due to the fact that these countries had supported the Chinese on the war against Japan. China had been at war with Japan since 1937 and continued the fight until the Japanese surrender in 1945. The United States advised and supported China's ground war, while basing only a few of its own units in China for operations against Japanese forces in the region and Japan itself. The primary American goal was to keep the Chinese actively in the Allied war camp.
Landes argues that free market efficiency and institutionalized protection of private property did not exist in the China at that time. The Chinese government was always interfering the domestic production and private enterprise, hindering them from acting according to the market. Lucrative activities were often taken up by the Chinese government, price manipulations and bribing inflictions were also carried out by the government. The Chinese government even abandoned maritime trade as it was considered as the major cause of division of power and income inequality. There was no freedom and trust between the government and the domestic production and private enterprises.
In conclusion, China’s attempt to modernise ultimately failed because of the lack of coordination amongst the officials and the people. Although several structures were put in place to initiate change, the traditional intellectual mindsets persisted, which were incompatible with Western values at the time. Hence, very little progress could be made when these changes were not supported by the citizens, who could not understand the need for change, and preferred to continue living under the old Confucian
This country has not developed its own vision and own values in relation to the world order and security perceptions, yet. The country is basically led with the slogan of “great unity and harmony ” making the state as a global power in the region with its own historical and cultural hegemony. The problem between China and Western world is that they both have an interest in a stable world order, peace and stability. On the other hand, there is differences between them in the way of security perceptions, or the point – how to achieve this peace and stability? As it was mentioned above, the Western powers position China as a threat to their own identity and culture, and in order to defeat that threat, they can make alliance even with other enemy – Russia (An enemy of an enemy is a friend).
The change of economic policies have gained a significantly improvement in government planning and interest in foreign investment was greatly increased, especially in special economic zones with taxes and regulations exempted in which they became one of the key factors to push the growth of the national economy in China in early 1990s. In 2000s, structural change and globalization meant large-scale privatization continued, Chinese government reduced trade barriers and tariffs with foreign countries in order to increase international trade and more foreign investment in China. Furthermore, China became the member of World Trade Organisation in December 2011 and the economic system consisted of more than 50% of GDP contributed by private sector in 4 years time, first time to surpass Japan, which was the largest economy in Asia by
Introduction: China has a rich and old history of being the world's leading civilization, outpacing the rest of the world in the arts and sciences. In recent years China has faced incapacitating issues that entered the stage in the 19th and early 20th centuries. During this period of time the country was beset by civil unrest, major famines, military defeats, and foreign occupation. After the end of World War II, the communists under MAO Zedong established an autocratic socialist system that, while ensuring China's sovereignty, imposed strict controls over everyday life and cost the lives of tens of millions of people. After 1978 China's government focused on market-oriented economic development and by 2000 output had quadrupled.
A. Introduction Globalisation is defined as a set of social processes that embodies a transformation in the spatial organization of social relations and transactions – assessed in terms of their extensity, intensity, velocity and impact – generating transcontinental or interregional flows and networks of activity, and the exercise of power . When Stiglitz made reference to the enormous benefits that globalisation is supposed to bring, the starting point surely is the new international economic order assembled in Bretton Woods in 1947. There, the United States and Great Britain, the major economic powers of the global North, made a firm commitment to expand international trade and to establish binding rules on international economic activities.