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The consumer-centric trading model has also helped China bring down the increasing currency exchange rates, which had caused great uproars in international financial domains, particularly during the recent economic recessions. It may be noted that the Chinese society espoused consumerism with regard to currency exchange rates, amendments in property ownership acts, and de-institutionalisation of political authority over various prefectures.
It is quite logical to state that such a shift in socio-economic spheres has not been an easy ride. The erstwhile communist austerity gave way to broader perspectives in all walks of life in China. Most notably, the emerging middle-class segment of the country has been able to find jobs in private sectors, but at the cost of state-owned jobs. This downsizing in state firms has implicit connection with the drooping economic conditions around the world. Standard societal structures in China have faced major challenges in sustaining the development programs the scope of which has been increasing everyday as the country is attracting more and more foreign direct investments in the economic upfront. Urbanization too has posed problems for the otherwise bureaucratic state mechanism to effectively control massive intra-country migrations (Lieberthal). Under these circumstances, China has been the center of global affairs, for better or worse, in the last few years. This paper is going to discuss the difficulties faced by the current Chinese leadership in dealing with issues of national interest. The study will also take into consideration how well the Chinese government is adept at handling such issues. Given the sheer geographical vastness of the land, it is quite apparent that the reformist means undertaken by the Chinese political regime face serious societal and economic challenges. Moreover, there is
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This changing face of China has its effects on the economic and political future of China.This paper aims at exploring and critically analyzing the three systematic challenges the current leadership is facing namely the challenge of fragile political institutions and structures,growing strength of societal changes
The political ideology aimed at creating a classless and moneyless society and economy. The political ideology therefore propagated for communal ownership of assets among other resources in the society1. The ideas of communism created a society in which everyone was equal and the means of production collectively owned by the society.
As said by Hudson (2005), in order to succeed in China, a country that has strong economic power, foreign investors has to respect Chinese culture that has been developed in 5000 years ago. This is whereby Chinese culture is no more an odd knowledge around the world.
Pottery has been a long time craft of human kind. The development of pottery was a milestone in human history. These durable and watertight containers enabled people to boil and steam food for the first time which allowed them to exploit new sources of food such as shellfish, acorns, and leafy vegetables.
After the revolution, when the Chinese communist regime was catapulted to power, observers note how the state endeavored to take control over an increasingly industrialized and modernized society. Several policies were put in place
to the political framework of China during the governance of the country by Mao – made clearer after the delegation of the country’s governance to Deng Xiaoping; Deng become the leader of China’s Communist Party at the age of 71 – his age has been an issue highlighted
He used a complex approach to economic reform. A holistic approach to changes made Deng-era a landmark in Chinese history. On the basis of crucial role of leadership and through strategic directions of economic reforms led to totalitarian regime of the country. Political
The sources of the forms of violence are discussed, along with the effects of violence and the remedies for violence. Finally, the essay discusses the relationship between violence and writing.
In the early twentieth century, the world was changing with urbanization becoming one of the main changes that the world faced in this period. There were more people that were moving to the urban areas and this was accompanied by changes in the beliefs and also some of the customs of the people that had seen the changes in the 20th century.
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