The global financial crush left several western economies very defenseless and vulnerable. In contrast to several Western countries, China’s economy slow downed but inevitably the Chinese market grew and expanded. Many Chinese nationalists believe that other countries should follow the “New China model” with several people arguing which aspects of the model make it successful within their country. In China there are little to no democratic debates, the country invests a lot of money within state infrastructure and there is strong support for the export division in China. China’s ideology has a strong emphasis on private enterprise and free markets. Two components of the “New China model” is that it allows economic freedom but enforces political repression, as a strong believer in political freedom and democracy, I am curious to see just how long these two components can coexist. In the article below, China fears its economic stability due to Ukrainian conflicts and many are waiting for the end result of U.S.-Russian talks on the Ukraine.
http://www.washingtonpost.com/business/asian-stocks-follow-wall-street-lower/2014/03/13/c45c6a5a-ab2a-11e3-b8ca-197ef3568958_story.html
I think that the Chinese model is rather dangerous. You can only spend so much money and build so much before you find yourself in a world of distress. I understand that China has over 600 million dollars invested in the US. But they can not spend that money expecting to get it back anytime soon. Sooner or latter the bubble is going to pop. Just like history has tough t us time and time again.
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