China as an Economic Power

For the past 25 years China has developed itself into the rising power economically throughout the world. China has had the benefits of a faulty US economy that has continued to see jobs that have been shipped to countries like China, so that they have taken on this second industrial revolution. We have already seen this great economic power for China develop, with for example Chinese companies take over of many of the financial corporations in the United States. Also, with the trade deficit that the United States has to China right now, which is a sign that China is producing more goods at a faster rate than the US economy is doing. As we move farther into the 21st Century, China will continue to grow economically. However, certain barriers might restrict China from achieving that growth. China's continuing problems with human rights on the international stage might hurt some of that growth. Also, the growing concerns with environmental problems that China is facing right now. These maybe the only limits that China will face to it long time economic security. However, in the foreseeable future China will still be the rising power economically.