Answer to Question #294105 in Political Science for Soul Chan

Question #294105

Discuss some of the main domestic challenges currently confronting China and whether

these issues may compromise its ambitions to become the next global superpower.


1
Expert's answer
2022-02-08T01:08:04-0500

The challenges facing China include hostility over its trade policies, which restrict market access, favor SOEs, and compromise intellectual property rights; a weak legal system that favors special interests and is dominated by the CCP; slowing growth and rising debt; and a constitution that makes empty promises to the citizens.

China faces a number of major economic challenges that could dampen future growth, including distortive economic policies that have resulted in an over-reliance on fixed investment and exports for economic growth (rather than on consumer demand), government support for state-owned firms, and a weak banking system. In aspiring to be a global superpower, it should solve the economic problem and consolidate its weaknesses.


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