China’s swing from a planned Soviet-type economy to an ingenious socialist market economy: An account of 50 years
China has met largely these targets in the first third of the period monitored and has experimented since 2000 a growth of its GDP about 8 % en 2000, 7.5 % in 2001, 8 % in 2002 and 9.1 % in 2003, according with international data. Due to its large and stable population, its rapidly growing economy and military spending and capabilities China is increasly looked as a world power and by this fact raises contradictory perceptions in its neighbors, rivals and competitors. This ascent of China to a primary role in the next decades hoists many important questions. How the West will accommodate to this economic and political climb? What strategy China’s neighbors will choose: a “containment” approach or a friendly but prudent partnership? And, finally, how China will act internationally when becomes a geopolitical power capable of projecting its military and economic magnitude?
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