It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
Here comes the world's newest superpower. The rest of the world is gloomily contemplating economic slowdown and even recession. Not in Beijing. China is set to make 2008 the year it asserts its status as a global colossus by flexing frightening economic muscle on international markets, enjoying unprecedented levels of domestic consumption and showcasing itself to a watching world with a glittering £20bn Olympic Games.
The world's most populous nation will mark the next 12 months with a coming-of-age party that will confirm its transformation in three decades from one of the poorest countries of the 20th century into the globe's third-largest economy, its hungriest (and most polluting) consumer and the engine room of economic growth.
Originally posted by CaptGizmo
It is unlikely that China will reach superpower status by 2008. They must accomplish things such as this:
1. Have an economy near the size of the US economy.
2. Create original consumer brands that are household names everywhere in the world
3. Have a military capable of waging wars anywhere in the globe.
4. Have major universities that are household names, that many of the worlds top students aspire to attend.
5. Attract the best and brightest to immigrate into China, where they can expect to live a good life in Chinese society.
6. Be the leader in entertainment and culture.
7. Be the nation expected to thanklessly use its own resources to solve many of the world's problems.
8. Adapt to the under-appreciated burden of superpowerdom - the huge double standards that a benign superpower must withstand in that role.
Originally posted by Voxel
I had a friend who did a lot of work for Lockheed back in Hong-Kong during the 80's tell me in no uncertain terms: China's economic accent will make the US's rise during the industrial revolution look like a temporary summer job in comparison. I didn't believe him at the time (about 15 years ago) but since 2001 his predictions for China have been obviously dead-on.
Originally posted by magicmushroom
I'm sure the Chinese would like to settle a few old scores with Japan