China superpower
On the economic side, the population and the strong government makes China ready to be the next economic superpower in a near future.
China’s economy is huge and expanding rapidly. In the last 30 years the rate of Chinese economic growth has been almost miraculous, averaging 8% growth in Gross Domestic Product (GDP) per year. The economy has grown more than ten times during that period, which Chinese GDP reaching 3.42 trillion US dollars by 2007. In Purchasing Power Parity GDP, China already has the biggest economy after the United States. Chinese economic boom started in the late 1970s and early 1980s with the economic reforms implanted in order to collectivize the agricultural activities of the country. In other words, the leaders of the Chinese economy were trying to change the center of agriculture from farming to household activities. The sectors outside the control of the state government of China grew at a rapid pace as a result of these new reforms. Furthermore, China started to open its economy to the world for the purposes of trade and direct