China in 2020 – The rapid pace and grand scale of China’s rise have produced a heady mixture of wonder and consternation in the West.
Is China on track to become a superpower? What would that mean for the rest of the world? Economist Hu Angang approaches these questions through analysis of three major dimensions of China’s rise: its overall economic and social development; advances in education, science, and technology (including alternative energy); and the likely complications posed by resource scarcity, environmental degradation, and climate change.
After three decades of unprecedented economic growth, China is now home to the world’s second-largest economy. It is the world’s largest exporter and its second-largest consumer of energy (as well as number one in carbon emissions). Extrapolating from these seismic changes, Hu forecasts that by 2020 China will become a “mature, responsible, and attractive superpower” that will contribute, alongside the European Union, to the “end of the unipolar era dominated by the United States.”
“China in 2020” presents a native Chinese perspective on the challenges and opportunities that Beijing will face as its global footprint expands. Through a meticulous examination of China’s development trajectory, Hu Angang explains how his nation –as the world’s largest emerging market –will impact global economic growth, foreign direct investment flows, energy consumption, and carbon dioxide emissions. He proposes a comprehensive strategic framework to guide the next stage of China’s rise, seeking to maximize the country’s positive impact on the world and minimize the negative externalities of its meteoric development.
China-underground.com includes thousands of articles on news, Chinese history, Chinese art, Chinese literature , China pictures gallery, videos, and Chinese cinema.
- The Renmin University of China Business School's Executive Education Programme Ranks First in Asia and 11th Globally in the 2020 FT Executive Education Rankings
- Pro-democracy protesters gathering in malls across Hong Kong chanting slogans as riot police quash plans to hold a march before it began
- Japan puts out a list of 518 companies subject to tighter foreign ownership rules to counter risks from China and foreign speculators