The biggest challenges for China are the following :
1. To resist internal pressure in the view of the emerging success of the alternate model of governance (India), which has more open society and economy.
Internal pressures are always exiting in any country of any system. The point is which pressure prevails: for good or for bad.
I am sorry to let you know that India hasn’t been able to demonstrate that India system would remotely be worthy an alternative to China, given vast horrendous facts such as 2,000,000 children die of negligence yearly, high illiteracy, etc.
To be frank, in Chinese websites, India system is
in general viewed as more a failure than a success. Don’t take me wrong, they do appreciate some merits in your system.
2. To resist the demands of religious groups like Tibetians and Uighurs. The present control on information and lack transparent justice may not remain the tools in future.
China needs to maintain a thoroughly secular society, where leaders must be non-religious, to give an event hands to all religions in China.
Tibetans and Uighurs are not religious groups. Don’t think Dalai lama = Tibetans.
I agree with you on some transparency in judicial areas, though.
3. There is an artificial trade gap created due to unrealistic exchange value of Yuan. The economic heating up due to exchange rates - USA and others might be putting restrictions on import to save their jobs and economy. This might result in less export and lots of unemployment.
Western source is your only information of China, thus, it won’t surprise us by your feeble arguments.
If US or EU were to impose trade sanctions on China, US/EU inflation would be sky-rocked, the economy would be badly damaged, their job would be lost more than ever. Thus, Mr. Obama announced in his State of Union speech that US must maintain trade with China.
So please feel easy that ex/import won't be reduced, and jobs will be there.
4. Also the trend, which shows that Western countries are slowly realising the potential risks of setting up manufacturing in China (due to lack of protection and high intrusion) might also hit the economy. Actually now they have better choices in eastern Europe, Africka and also in India. This also will, in long term, reduce the availability of the cutting edge technologies.
Unlike India where its political system is a copy of Great British, China has its unique system. "Politics of India take place in a framework of a federal parliamentary multi-party representative democratic republic
modeled after the British Westminster System...http://en.wikipedia.org/wiki/Politics_of_India" Westerners know completely how India system works to the core, not the Chinese system. They never worried their student India, for all India can do is to follow the western norms. There will never be a surprise from India: it is always trite, no innovation. They thus feel cozy with India.
Westerners however never bothered to learn China in the past and have not been able to learn China now. Thus, the mixture of hate and love of China is obviously natural.
Fear arises from lack of knowledge.
Business activities follow profit.
If India could offer a profitable market for business, Westerners would have set up shop in India for a long while.
5. Being seen in support of the pariahs of the world, is also creating discomfort amongst the countries. This might be because of the lack of transparent policies and goals.
I do not think energy will be an issue as both India and China are investing hugely in Green energy. Another 100 years they will be leaders in this area.
Only time will say what China would be but again it's achievement is something to be followed.
Though India does not want to be China (governance wise), but China's economic growth is a driver for India. I should say that China's growth has a huge effect on the transformation of governance culture in India.
Hope China sustains its growth and also opens up to a full open society and economy.
Profit always comes with risk. Apparent discomfort means potential profit. Sleeping at home is the most comfortable action, but the least profitable.
Transparency doesn’t necessarily mean succumbing to trade pressure.
Sincerely hope India would be able to outperform China in most areas, and thus to set a model for all developing countries in Asia. So, we would learn to appreciate Indian limbs in addition to the mouth.