Teen trillion the 2nd biggest economy in the world well lets talk to you about that resident china expert tell us firstly about the costs that this rapid and historic economic expansion has actually incurred while youve just mentioned some of the amazing benefits that its brought but obviously the biggest social transformation of all time in many ways is going to bring some costs in its wake i think weve seen it in the environment theres been a lot of problems with the environment in china and the People Living in china are paying the cost through pollution its also created a lot of problems for other countries dealing with china because the chinese economic model is an unusual one in that its not based on a Democratic Political basis it comes from an all toward tarion marxist model so thats created some kind of regional tensions and now as weve seen its created global tensions which of turned into this trade war between china and the United States and has the complaints about human ri
Communist back capitalism chinese g. D. P. As risen from 150000000000. 00 in 1978 to over 400 trillion the 2nd biggest economy in the world well lets talk to about that president china expert tell us firstly about the costs that this rapid and historic economic expansion has actually incurred while youve just mentioned some of the amazing benefits that its brought but obviously the biggest social transformation of all time in many ways is going to bring some costs in its wake i think weve seen in the environment theres been a lot of problems with the environment in china and the People Living in china are paying the cost through pollution its also created a lot of problems for other countries dealing with china because the chinese economic model is an unusual one in that its not based on a Democratic Political basis it comes from the torah tarion marxs. Model so thats created some kind of regional tensions and now as weve seen is created global tensions which of turned into this trade