615311View
7m 12sLenght
4744Rating

Support CaspianReport through Patreon: https://www.patreon.com/CaspianReport Many people see China's strength mainly in its economy and although China's economy now ranks as the second largest in the world, its per capita income is still roughly 10 times lower than that of Japan and the United States. Due to The low standard of living China is forced to export. And that's what the Chinese economy is, an export- oriented economic system. This has made China overwhelmingly dependent on consumers in the West. Chinese exports, which go through the global sea trade routes, are dominated by the U.S. Navy. This forces Beijing to invest its resources to build a modern navy to protect its interests. Aside from the economics and naval buildup, China faces enormous domestic issues. The east side of its territory is inhabited by secessionist-minded minority groups. The control of the Eastside takes an enormous toll on the Chinese economy as Beijing has to balance the prosperity in the East with the disparity in the West. Aside from internal fragmentation China faces a lot of external pressure from its neighbors. Unlike the United States, China has to contend with strong regional rivals. Just think of Japan, Russia, and India. Even the smaller neighbors are no pushovers: Taiwan, South Korea, Indonesia, Pakistan and Vietnam; they will put a lot of weight on the Chinese military and economic resources just to defend the Chinese territorial integrity. At best China will be an economic superpower and it will take place as one of the world's leading trading powers. But the economic and military resources of Beijing will always be stretched thin. It has to devote enormous amount of military resources just to defend its territorial integrity from its internal fragilities and external rivals. Sountrack: Decisions Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/ Be sure to follow CaspianReport on the social media. Facebook: https://www.facebook.com/caspianreport Twitter: https://twitter.com/caspianreport LiveLeak: http://www.liveleak.com/c/caspianreport