Thursday, February 14, 2013

China rules the world by claiming neighbor’s territory?


The ongoing tensions between the China and the Philippines in the disputed Scarborough Shoal overtakes the reality of China’s ascendancies on the global stage lies the future of all nations. The thing is the history tells what the current situation is fraught with danger.

For over a century now China will overtake the U.S. as the largest economy in the world within the next decade.  No doubt that the development of China will takes place the global economic power. According to Martin Jacques, Britain’s foremost public intellectuals who wrote the 2nd edition of his book entitled  “When China Rules the World: The End of the Western World and the Birth of a New Global Order”,  the Chinese economy will be almost the same size as the US economy by 2025, with the Indian economy the fourth largest after Japan. By 2050, they project that the largest economy in the world will be China, which will be almost twice the size of the US economy, with the Indian economy following a close third, almost on a far with the US. READ MORE: Agora Business Intelligence (February 14, 2013)

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