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Jakarta Post

What to make of China in new era

Jakarta   /   Tue, April 3, 2018   /  02:31 pm
What to make of China in new era The Great Wall in Beijing, China, under sunshine during sunset. (Shutterstock/File)

China is in a new era. The recent annual sessions of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) were in the limelight of the world’s media. The election of new national leadership, the adoption of Constitutional amendments and a new round of national institutional reform have all combined to set new milestones for the country on its way forward. What are the implications to the rest, especially this part of the world? History offers some compelling clues. Forty years into its reform and opening-up program, China has grown from poverty and underdevelopment to the world’s second-largest economy, accounting for a steady 30 percent plus to global growth, more than the United States, Japan and eurozone countries combined. China is a leader by example in poverty alleviation, having contributed over 70...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.