Topic 20 - Chinese Economy, Past, Present and Future

Question 1

What could be used to argue that China is a superpower?

Answer 1

• China is the world’s second largest economy

- China also holds the world’s largest foreign currency reserves

Question 2

Why could it be argued that China has grown too fast?

Answer 2

China’s economy is a leading economy and yet still, it is a developing economy. This will have huge implications on global food, energy, environment, financial infrastructure and geo-political balance.