One of the biggest reasons that China could be the next superpower is that it embraces globalization. It’s very rare nowadays to examine a newly purchased good without seeing the words “Made in China” written on it. This is partially because China is the world’s top exporting and trading country, having exported $0.7 trillion more worth of goods than the United States in the year 2016. China is also making great strides to make global connections, most recent of which is the China-Arica Summit where the populous nation gave away goodies to African countries including Kenya.
It’s not just exports that set China apart; China boasts a market of which the West wants a piece. Its economic growth has surpassed every other country’s at an average of 10% per year ; the sheer size of its population (over one billion people), combined with a growing middle class, has given the country unrivaled buying power . Consequently, American companies are itching to get involved. Facebook and Google have repeatedly tried to…Subscribe to Readmore