China is going to be the super power
China is going to be the super power
china super power |
China a land of tradition and hardworking people and mostly known for its martial arts thing's, and more over the country with highest population rate. Not only the highest but number one in the whole world.
So recently there was an lookout that China is taking over this high population rate as an advantage to make from this money and not only money but good profit so let's break this key thing into point's and let's have a look on it.
Three Reasons Why China is Next Super power
- High population
- Cheap labor
- Lending loans
High population
high population |
Population is the key factor as China has worked on it for more and more, and most of the china population is working population because of it creates opportunity for more people to come out with some brilliant ideas and work on it and mostly some valuable startups are also up.
Cheap labor
cheap labor |
So as you are topping the charts with the high rate of population than this factor is the backbone, cheap labor in china lead's other companies to start their manufacturing plant in china and which reduce's the rate of unemployment and more companies are interested to open their plant to reduce their cost and because of this they sign some tender with government by paying them money. So this is an profit for everyone labor , government and manufacture's.
Lending loans
lending loans |
China is not only providing cheap labor's for manufacture's but providing heavy loan's to the Economically weak countries,but they have their some terms and condition if country is taking loan and not paying the loan in given tenure than the property that was build with the loan China will take over on it.
So if they are spending their whole money in giving loan and no one repays than they own some huge property in every continent that was smart from the China.
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