China as the World's Emerging Superpower

China as the World’s Emerging Superpower

China, officially called the People’s Republic of China, is one of today’s top leading economic powers. Over the past several years, China has undergone and continues to undertake many fundamental economic changes. Initially beginning as a centrally planned economy, China has gradually changed into a more open economy with greater considerations in foreign investment. The trade and mixed relations with its bordering countries as well as other foreign countries has accelerated the growth in China. Furthermore, with its many major river systems, but more specifically the Yellow River and Yangtze River, China is able to maintain and support its agricultural status, trade, and even further develop the country by providing power through its dam system. In addition, the continued industrialization, business, and tourism of major cities such as Beijing, Shang Hai, Tian Jin, and Chongqing only further develop China’s economic growth. However, even though China is rapidly growing, certain political and societal factors continue to provide obstacles and hinder its growth. Yet, aside from this, China is a continually rising world power with a progressing economy. These factors have made China crucial in many world economies, but even more especially the United States.

China is the fourth largest country in area after Russia, Canada, and the US, but is the number one most populous country in the world. With a population just over 1.3 billion people, China occupies about 20% of the Earth’s population. In comparison, the USA has just over 311 million people and represents a mere 4.5% of the Earth’s population. Moreover, China is known to have more English speaking people than the United States have American citizens alone. Even with the one-child policy that China enforces, they are still continuing to grow in population.

China’s geographical location plays a key role in its trade and economic well-being. China is located in the east of Asia with Afghanistan, Bhutan, Burma, India, Kazakhstan, North Korea, Kyrgyzstan, Laos, Mongolia, Nepal, Pakistan, Russia, Tajikistan, and Vietnam as its neighboring countries. North Korea is dependent on trade and investment from China. They are North Korea’s largest trading and investment partner, garnering food, arms & weaponry, and fuel from them. China understands the importance of investing in some of their neighboring countries’ companies. In Kazakhstan, Chinese oil companies invested into Kazakh oil fields. China has also invested in the hydroelectric projects of Tajikistan and Kyrgyzstan. Not only does China reinforce trade ties with its neighboring countries, they also invest as well as provide support, aid and funding to their neighboring countries.

China’s major cities consist of Beijing, Shang Hai, Tian Jin, and Chongqing. Beijing is China’s capital and serves to be a great tourist spot as