china

in chapter it talks about china and the world. i am very fascinated about china and southeast Asia because when i was in the military i spend allot of time in living and visiting many part of Asia. about ten years ago when i was living in Japan it was know as the second largest economy in the world behind America. know china has passed up Japan to became the second largest economy in the world. with china's Hugh population and it's booming economy with a Hugh surplus trade with United States. also it's entry into oil markets and potential military growth and it's growing potential presence in global affairs many believe china could the next super power of the 21st century. I am not sure if that will happen because i believe that is growing so fast that it could explode on it's self. for example the U.S. housing market grow so fast had so much surplus that and prices where so high that eventually the bubble busted. also in china there building ghost neighborhood just to keep people employed. in china they build Hugh neighborhood that are not being used and no one is living there. there square miles of new  constructed neighborhood where no one lives or is even being buying but in china continues to build new ghost neighborhood just to keep their people employed. and in china today outside the big city like Beijing china people are very poor and incomes are at all time low and there not much of a middle class to talk about. if china continues at it's current path economic path i personally believe china economy will personally explode onto it's self and is unattainable in the long wrong.