Experience of China Silence Essay

Should the experience of mainland chinaware silence those who think that democracy is good for growth? A democracy is a system of presidential status by the whole population or all the eligible members of a state, typically through select representatives. In this case it can be said that china does non qualify as a democratic country, however it is the worlds fastest growing miserliness in the world and has been expound as the second industrial revolution. This therefore suggests that the argument for democracy being the only solution to stinting growth isnt correct yet mayhap it was other factors other than political state of China which led to its boom economy. For the purpose of this argument, it can be assumed that China is a planned economy yet in reality, although limited, regional governments have limited democracy e.g. Hong Kong.China is the worlds tether exporter which would indicate to Chinas prosperity as it refers to their industrial revolution, this is due to C hina having an enormous kitty of cheap labour, large scopes of land in which manufacturing can be fully accommodated and too, on large scales it also has a long sea border which facilitates exporting. Factors much(prenominal) as these, give testimony to the idea of in fact China having mass economic growth which doesnt involve political reasoning and economic growth was almost naturally occurring to China. However, it could be argued that it is due to the political system of the country, the government is able to need people into areas of work where economic growth is most pronounced and therefore, labour is used to maximum efficiency. If economic growth is to come about in the way it has done especially in the last 20 years, it cannot continue to rely solely on trade exports this is because other countries cant continue to import much goods from China as they will eventually be faced with financial struggles.A problem that perhaps needs to be remedied is the domestic demand w ithin China, if the people of China continue to save funds on the whole and dont spend as much typical to a essential country such as Britain, predictably they will stop having economic growth. Another significant drawback is to refer the GDP per capita, this measures the real economic power of the average citizen in China. This is very low in China which indicates a very low standard of living, so to measure the level of economic growth in China is not necessarily the right measure to address the upstart economic successes. In recent years, the cash of China has increased but still not to the extent that America believes it should have. An increase of 2.1% does not seem to totally honour or reflect the extent of economic growth China has truly experienced.It is by speculation that perhaps due to financial strategies such as by having low cheer Renminbi cheaper exports are therefore made mathematical, America has repeatedly brought this up at the WTO as it leads to unemploym ent in America. The currency leaves in China leaves other countries with the cheaper option to import goods rather than manufacture them their selves and so is in a sense very tactical government control, potentially. It is only in a planned economy such as Chinas is that such control over currency would be made possible to allow efficient trade.Due to China not having a democratic government which in second entails stop-start policies they are able to plan for the long term which allows structure and not just short term political fixes such as in a democratic politics. However the down side to this is the corruption, governments which rest in power for years allows corruption which Is currently big problem in China, so as much as it can be said that economic growth has been a notion match with a change in government away from Maos communist society, problems such as corruption have also arisen.