CHINA 1

China

Student Name

Institutional Affiliate

Date
CHINA 2

China is among the developed nations across the globe. It is competing with the United

States of America on being a superpower in terms of security, economy, and technology. As a

way of ruling the world, China is targeting developing nations and giving them loanable funds. If

they fail to pay the loan in the agreed time, they take over a certain part of the country's money-

generating sector until the loan is fully paid. For example, in the Republic of Kenya, after the

construction of SGR, the Chinese government took control. Once the loan is fully paid, then

Chinese government will give back the SGR operations to the Kenya government.

Besides, most of the international and most developed nations are disclosing that China is

a "systemic rival" and "economic competitor" because it is making it difficult to gain market

access for foreign organizations. Its major desire is to promote the local firms because they

believe that they will develop the nation when Chinese people are developed. In respect to this,

China has engaged in an economic war with the United States of America. For example, during

the Trump era, China and the USA blocked each other technologies where Huawei products

were not accepted in the USA. The latter products were not accepted in China. According to a

report published by White in the Trump era stated, it harms vital American interests and

undermines the sovereignty and dignity of countries and individuals around the world." Meaning

that China is trying to take over the world where every product used will be from china; thus,

they will earn a reputation with global pushback.

From the above, it is evident that China is a threat to the global economy because they are

becoming good to a nation, but once their offer is accepted, they take over the entire sector until

their loan is paid.

CHINA 3

References

https://carnegieendowment.org/2020/06/10/how-world-is-responding-to-changing-china-pub-

82039.