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2017 | OriginalPaper | Chapter

2. Chinese Characteristics

Author : Wei Yen

Published in: From the Great Wall to Wall Street

Publisher: Springer International Publishing

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Abstract

In Global Trends 2030, the US National Intelligence Council predicts China will surpass the US before 2030 to become the world’s largest economy, if gross domestic product (GDP) is measured by the market exchange rate method, and even earlier (in 2022) if GDP is measured by the purchasing power parity method. Even though China’s ongoing economic rebalancing has made forecasting its GDP a hazardous exercise, it seems reasonable to speculate that one day China will regain the status as the largest economy in the world, just on account of its massive population, and continuing efforts to reform.

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Literature
GLOBAL TRENDS 2030: ALTERNATIVE WORLDS, A Publication of the National Intelligence Council, p. 15, December 2013, NIC 2012-001.
The World Bank, Development Research Center of the State Council, the People’s Republic of China, China 2030, Building a Modern, Harmonious, and Creative High-Income Society, 2012.
Martin Jacques, When China Rules the World, P. 511, Penguin Books, 2012.
Bertrand Russell, The Problem of China, Questions, P. 6, Chapter 1, George Allen & Unwin Ltd, 1922.
Arthur Henderson Smith, Chinese Characteristics, copyright 1894 by Fleming H. Revell Company, Digitized by Google.
Joseph S. Nye, Soft Power, The Means to Success in World Politics, Public Affairs, a member of the Perseus Books Group, New York, preface, p. 6, 11, 2004.
Pew Research Global Attitudes Project, Ch. 2 and 3, 2013.
Vice Premier calls for further development of Confucius Institute, Xinhuanet, 7 Dec 2013.
Dustin Roasa, China’s Soft Power, Foreign Policy 18 Nov 2012.
Journey to the West, Wikipedia, reviewed Jan 2016.
Metadata
Title
Chinese Characteristics
Author
Wei Yen
Copyright Year
2017
Book
From the Great Wall to Wall Street

Print ISBN: 978-3-319-33007-5

Electronic ISBN: 978-3-319-33008-2

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-3-319-33008-2_2