Challenges Ahead of the Chinese Dragon

The success that China has achieved in the last 70 years is unprecedented. However, in order to survive in the future, they must employ and accept new ideas and changes to political, economic and administrative structure.

October 1, 2019 marks the 70th anniversary of the founding of the People’s Republic of China (PRC). In the last seventy years, the PRC has transformed an underdeveloped and regular asian nation into the world’s second largest economic superpower, even with a strong and prosperous military within 70 years of time, that’s beyond impressive. China is currently playing an important role in many international organisations and has responsible in multilateral organisations. The Chinese government’s economic progress has helped alleviate 700 million people out of ages of poverty.