Sunday, January 6, 2013

IS CHINA A MAJOR COMPETITOR OR A REAL THREAT TO THE AMERICA'S FUTURE?

America as a sovereign nation is only 236 years old and she has about 4.2% of the global population in 2013, but there is no single human nation today that has ever succeeded in creating one-tenth of the present day America's wealth, science, technology, arts, music and media. America as a nation in the world has practically succeeded in creating the largest middle class population ever known to mankind in the last 6,000 years of the recorded human history. America remains the only superpower nation today with a $16 trillion economy, her official currency, the dollar is the most used and the most acceptable international reserve currency today in the world and she also continues to be the principal cradle of democracy, religious freedom and human rights to the entire global community.

America also has diplomatic missions in almost every corner of the earth and several foreign military bases abroad. The United States also finances 25% of the funds that are needed to run the yearly global activities of the United Nations and she is also the largest donor of foreign aid to the needy nations of the world. America is also the most diverse nation in the world with her citizens and residents representing all the world's major races, nations, cultures, religions and languages. The entire 21st century global economy is tied directly to the America's giant economy. The United States has also given the automobile, aviation and the internet technologies to the entire mankind in the 20th and 21st centuries that have changed our whole world for better.

America in this 21st century is facing a very stiff competition from the rising nation of China with the largest human population that is four times more than the entire population of the United States. The Republic of China today has the world's second largest and the fastest growing economy in the world. China is now a major player in the global trade and a leading manufacturing nation, the largest exporter, the second largest importer and a nuclear state that has the second largest defense budget after the United States. All these indicators point China clearly as a future potential superpower nation that will compete with the United States for global economy, military power and global domination or leadership in the nearest future.

The People's Republic of China has now truly come out of age in this 21st century human universe after her national economic reforms and the national birth control law enacted in 1978 to now become a nation that the whole world will be watching out for because of her rapid growth in all areas of human endeavors today.

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