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วันอังคารที่ 27 ธันวาคม พ.ศ. 2559

Red signals from China

Red signals from China
- The spectacular growth of China’s economic and military power generated ripples of anxiety across the world, necessitating statements from the Chinese leadership affirming the country’s commitment to a peaceful path of development. While some recent Chinese actions, particularly those concerning the South China Sea territorial dispute, as well as the country’s aggressive drive to expand its sphere of strategic and economic influence, do not allay the fears about China’s stance, the narrative on China has also shifted. There are growing anxieties about the sustainability of the Chinese development model and fears of a precipitous economic decline that would almost certainly push an already enfeebled world economy into a recession.