Why China’s Rapid Rise Is Terrifying The United States
There is no doubt about it: China is rising. Whether it sparks hope and interest or fear and worry, it is impossible to ignore the country’s rapid economic and social transformation. Just a few decades ago, the words “made in China” were a synonym for bad quality junk. But today, China leads the world in all manner of high-tech industries, including photovoltaic cells, semiconductors, 5G communications technologies, and electric vehicles.
Along with rapid economic growth has come a huge increase in living standards. By 2018, China overtook the United States in average healthy life expectancy, and wages are soaring.