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China Primer
Assessment: The People’s Republic of China (PRC) is a major economic player on the international scene and based on this foundation become a major political factor on a global scale. Looking for trade deals, resources and general political relationships, Beijing has exerted itself mainly in Europe, Africa, Southeast Asia and Oceania. In Beijing’s dealings with other countries, it advocates its “one China” policy and its multi-polar world philosophy. Despite its growing economic strength, it faces several internal issues--the continuing Taiwan dispute, Hong Kong’s constituency demanding greater democracy under the “One China, Two Systems” policy, disparate wealth between coastal and inland regions, rural unemployment, ethnic unrest, corruption, and pollution. Militarily, China continues to increase its defense expenditures, looking to downscale, professionalize, and modernize while handling its military relations independently and conducting military exchanges and cooperation with other countries on the basis of the Five Principles of Peaceful Coexistence.
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