How much more about
The Chinese society is in a flux with more than a hundred million young men and women from the villages having migrated, in the past decade, to the cities and the special economic zones for taking up jobs, mostly in the export-oriented manufacturing. But the demand for manufacturing exports has been shrinking because of the western world suffering from the ill effects of the 2008-09 recession and this has already forced hundreds of thousands of industrial workers to go back to their villages to lead a life of explicit or concealed unemployment. Since the situation is showing signs of worsening, the government is finding it tough to deal with the disaffection and turmoil in the society.
It is planning to divert the waters of the Brahmaputra, called Tsangpo in
It is the biggest trading partner of the
The Chinese society is aging fast. Though the present median age is 35, compared to 45 or so in the developed world, but the one child norm for the Chinese families could result into the Chinese becoming old before becoming rich.
The Chinese economic miracle of the past three decades has got its roots in the massive investment of half of the GDP year in, year out. The government is now realising that consumption-driven growth is more durable even if it is comparatively lower.
The people living in the central and western
The Chinese are a very proud people and have a long memory. They have been nursing wounds inflicted on them by the western countries and Japan in the 19th and 20th centuries, they wants their revenge but China still finds those countries too powerful to handle, particularly when they have the ultimate protection from the United States. It has, therefore, taken upon a relatively weak