21.+China's+Future


 * Map of trade between China and other countries in the eastern hemisphere. **

Synopsis/Script This chapter will include the changes America and other countries are causing for China's future. Our chapter will mainly be focusing on the world power, resources, economic developments, and exports. We found that these topics were the most important to research to predict the future of China. China is located in eastern Asia in the eastern hemisphere with mountains and hills plains and deserts. It is the most populated country in the world with 1,338,612,968 people while the United States only has around 307,212,123 people from coast to coast. Also, its climate varies from the north to the south. In the northern regions of China, the climate is sub arctic while in the southern portions it is tropical. These climates are the perfect conditions for its resources. Coal, iron ore, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, and hydro-power potential are the resources that are located in China. In the past, the year 1997 was the best year for China in economic development. The growth of China reached 8.8 percent. Total foreign investments increased 13 percent with exports increasing by twenty-percent. The twenty-percent increase generating $180 billion with $40 billion of surplus. Its foreign exchange exceeded its usual $140 billion. However, the country faced its greatest challenge ahead a reform of the state-owned enterprises otherwise known as the SOE. Sustaining economic growth and the Asian financial crisis will be their greatest challenge because it will critically impact the future of China’s economy and development. SOEs in China were losing more than 45 percent of its money. The plan is to transform these firms, so they will either develop or die to weed out uncompetitive firms. This plan would take approximately three years to complete. The SOEs that survived would be divided into support these firms. The firms that died would be allowed to either transfer ownership or declare themselves as bankrupt allowing thriving firms to grow making the economy stronger. In the present, China’s economy thrives from trade. Trade is an important part of the global economy. Trade patterns are what goods and services a country trades and in what direction they trade. The United States' trade with China and Japan accounts for nine-percent of the world's trade. The U.S. buys more Chinese goods because of the lower cost; however, the Chinese Government can change the value of Yuan to the U.S. dollars. They have now raised the Yuan to 8.28 to one U.S. dollar. The United States is now starting to reduce products imported from China which will cause the U.S. to import the same goods from other countries. Factories from the United States are being shipped to places like China and others. This would place them in control of the exports. If a war between the United States and China were ever to occur, this could cause a major problem for the United States to receive essential products needed. In the future, China will be looking for ways to preserve the world. Both the United States and China are looking for different ways to produce energy other than oil, gas, and coal which could cause a battle for what is left of the oil, gas, and coal. The conflict will lead to tension, distrust, and conflict because of the power transition. No one knows what the future may hold, but examining the past and present may give us some hints at what may happen.

http://www.fasttrackteaching.com/termsmodern.html http://www-personal.umich.edu/~alandear/glossary/t.html http://economics.about.com/cs/analysis/a/trade_china.htm 

**__PBL Questions__ 1. How long will it take for China become the world power?** - China is increasingly growing and forcing the American era to an end. They will use this new found power to reshape the rules to better serve its interests. This will cause a security threat between other countries and China. The conflict will lead to tension, distrust, and conflict because of the power transition. [|**http://www.foreignaffairs.com/articles/63042/g-john-ikenberry/the-rise-of-china-and-the-future-of-the-west**]

**2. What resources does China have that will affect the world? -**China's Natural Resources a include coal, honey, ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydro-power, and potential. China has many natural resources and widely produce much of the products used in the world today. - China and the United States are the two largest economies in the world with the U.S. first. However, China has the lowest per capita middle income compared to the U.S. China is many years older therefore having more experiences as a country as a whole. Both countries are looking toward the future for greener ways to preserve the earth. Looking for different ways to produce energy other than oil, gas, and coal are major concepts being sought in both countries which could cause a battle for what is left of the oil, gas, and coal. [|**http://www.alaska.net/~chazmo/china.html**]
 * 3. How does China compare to the United States?**