China's Rise to Economic Power.

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Since 1980, China's economy has continuously grown. With the government slowly allowing more freedom among businesses, China is beginning to break away from its communist roots and develop capitalist methods. The government is allowing small businesses to expand and is decreasing taxes on the lower class, allowing a larger middle class to develop. Allowing a larger middle class to develop will lower the unemployment and the homelessness rate. Increasing productivity of goods and increased trade will …

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showed last 75 words of 915 total
…in the form of its military alliances with the surrounding states and because of its regular condemnation of Beijing's policies." With China's continuous growth and capitalist methods, it will soon become an economic power. This economic power will lead to good and bad changes. Good changes being the improvements of the lives of billions of people. Bad changes being decreased economy for other countries. In conclusion, the country of China will change the entire world.