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Could China Save The World Economy?

By
B.A. Political Science, Member of Tolerance.ca®

China is the second largest economy in the World. The country is a socialist republic with a single party system headed by General Secretary Xi Xinping of the Chinese Communist Party (C.C.P.). China became a great power on the global scale in the 1980s. Still, the People`s Republic of China was not greatly involved on the World stage before Deng`s Open Door Policy in the late 1970s. Nowadays, Chinese President Xi Jinping no longer wants that China keeps a low profile on the World stage. The General Secretary is looking for the future of the nation. Xi Jinping pushes for China to become a super power in World. China officially supports multiculturalism, global rules and norms, and environmental protection. Thus, Xi Jinping wants to take advantage of U.S. isolationism to make China the most powerful nation on Earth. Nowadays, China has to work with other nations to resolve a global pandemic while restoring the World economy. Chairman Jinping once said: ¨We say a sword is made on grinding stone and a man is forged in hardship.¨ Thus, Xi believes that great achievements only happen through challenges. COVID 19 is the greatest challenge China has ever faced for decades. China has been proactive in the fight over the novel coronavirus. For instance, China quickly provided the gene sequencing data to the World.  China currently develops several vaccines and drugs to end the current pandemic. If successful, the People`s Republic could become a scientific World leader and it could become very powerful. Moreover, China could rescue the World economy by investing more than half a trillion dollars into the World economy. A successful handling of the World economic and health crisis by China could contribute to Xi Jinping`s dream of a scientific, militarized, economical, and political China.

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Contributor
This article is part of

Yannick B. Vallée
By Yannick B. Vallee

Yannick B. Vallee is a political scientist who recently graduated from Bishop’s University (Quebec, Canada) in the BA program of political science. He also has a college degree of Business Administration with a specialization in marketing. Nowadays,  he specializes in American, Canadian... (Read next)

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