Becoming a True World Power Requires Relinquishing some Odd "Chinese Characteristics"
- Sharing Values with the Developed Countries; Overcoming Instability by Implementing Political Reform -
Chi Hung KWAN
Consulting Fellow, RIETI
China's GDP is poised to surpass that of Japan and may even overtake that of the United States in the foreseeable future. In addition to consolidating its status as "the factory of the world,"China is fast emerging as "the market of the world." The rise of China as an economic power has prompted both conservatives and reformists to weigh in on how China should proceed on the political and social fronts in order to become a true world power. Reformists are calling for the adoption of "universal values" such as democracy, rule of law, freedom and human rights, but conservatives reject these values as simply traits of the West and capitalism, calling for China to hold fast to "the road of socialism with Chinese characteristics" that enabled China to accomplish such spectacular growth over the last 30 years.
April 1, 2010 Nihon Keizai Shimbun
May 19, 2010
Article(s) by this author
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China Labeled as a Currency Manipulator
— Is the Chinese Yuan Withering?October 10, 2019［China in Transition］
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Expansion and Prolonging of U.S.-China Trade Friction
—Conspicuous Trend of DecouplingSeptember 19, 2019［China in Transition］
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U.S.-China Trade Friction Casting a Shadow over the Chinese Economy—Impact on the supply side becoming a matter of concern
April 2, 2019［China in Transition］
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Why Has the U.S. Waged A Trade War Against China?
—Protracted Confrontation InevitableDecember 4, 2018［China in Transition］
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Chinese Economy Slowing Down amid Intensifying U.S.-China Trade Dispute: Reform and opening-up should come before economic stimulus
October 19, 2018［China in Transition］
