Newman, Richard J.,

China's Turn. Richard J. Newman and others. - U.S. News & World Report, 2005. - SIRS Enduring Issues 2006. Article 16, Business, 1522-3191; .

Articles Contained in SIRS Enduring Issues 2006. Originally Published: China's Turn, June 20, 2005; pp. 34-52.

"It is easy to forget that China is a place of grand ambition. During most of the 20th century, China staggered backward, beset by 40 years of war and political turmoil and, after the Communists seized power in 1949, another 40 years of calamitous government policies and crushing brutality. Yet for centuries, China was the world's most advanced civilization. As Marco Polo related it in the 13th century, China had paper currency and an efficient postal service before Europe even envisioned such things. Beijing's Forbidden City, completed in 1422, remains the largest palace complex in the world. The Great Wall, which stretched farther than the distance from New York to Los Angeles, is still staggering in its scope." (U.S. NEWS & WORLD REPORT) The article reveals that "Today, China aims to reclaim the grandeur of its past. Two decades of reform, a more pragmatic Communist government, and the raw industry of the Chinese people have produced an economy growing faster than any other in modern history."

1522-3191;


Communist Party (China)


Capitalism--China
Nationalism--China
Consumer credit
Middle class families


China--Economic conditions
China--Economic policy
China--Economic relations--Taiwan
Shanghai (China)
United States--Economic relations--China

AC1.S5

050