From 3rd World to Super Power

The past few decades it is evident that China is on its way to becoming a world power. They are certainly getting a lot of attention from many parts of the world. Yet there are so many issues that need too be addressed before China can even be considered as a world power. 

One huge problem with China's economy is that majority of big companies that have factories and offices in China are foreign investors. Some companies have built empires in China, yet they are still owned and run by Foreigners. As China's seemingly endless work force begins to run out, these foreign companies are going close down their factories, because wages will begin to increase, and as a result they will move to areas where there is an abundance of cheap labour, India, for example. I think that China needs to realize that if they do ever make it to the top, they will have no where to go but down. The higher you climb the harder you fall. 

I think most people forget that 65% of China's population still live in rural areas! This speaks volumes and I feel is so often ignored by those who speak of China as an emerging superpower. Yes, the may be quadrupling their annual GDP and are on pace to surpass America, but the quality of life of an average Chinese man compared to an American man will be much less. China can compete with America in numbers yet when it comes to quality of life, they are way behind. They have 4 times the population of America. China needs to reform the rural areas, and get farmers to produce more. 

Finally, China has a lack of natural resources. This could lead to China's downfall. Current problems include air pollution, drinkable water, and a lack of food. What is China's number one import? Food from America. The Chinese government needs to play a more hands on role in these environmental problems if they have any real hope becoming a superpower. "With great power comes great responsibility" I believe that was Peter Parkers Uncle who said that. 

China has without a doubt become a force to be reckoned with. Yet they are far from running the world economy. They need more successful Chinese owned companies, like Lanova, as well as a revolutionized agriculture system. The problems are all from within. Right now China is half world power, half 3rd world country, the gap needs to be closed before more damage is done.