Currency Increasing

However, many speculators for a long time have talked about the benefits of the Chinese currency increasing in value. Many people have wanted this to happen in order to give China that much more power on the global scale. It seems that the increase in the value of the American dollar may manage to get in the way of those benefits for the Chinese government and for the Chinese consumer.

Conclusion

It is important to avoid speculating too much on the basis on trends that haven’t been going on for too long. People did that with Japan twenty years ago, and they appear to have been disastrously wrong in retrospect. People who believe that China’s growth is in a prolonged state of decline could prove to be just as wrong. Then again, the people who believe that China is going to recover could also be wrong. At the moment, it is too soon to tell. It won’t appear that way in retrospect.

Ultimately, many of the spectators who have theories about a particular country’s economy will do the same thing and use the same methods, regardless of whether they were ultimately right or not. Then, the people who were right are going to retrospectively look like they had better methods, even though they just happened to have gotten lucky. However, it is also true that many of the organizations that make correct predictions were able to make those correct predictions for a reason.

People need to evaluate the growth of a country in terms of trends that have lasted for decades or longer, or they are going to stand a fair chance of being wrong. It is also important to wait to see if there are any real signs that present trends are going to continue. People who jump on a few data points are usually going to be wrong.

Still, China is growing in a way that seems to be predictable. Periods of rapid growth cannot be sustained. China was using vast quantities of resources in order to develop, and the world economy is suffering slightly now that they can no longer afford to do so. China politics may change as a result. Stocks may go up and down, but there will be clear trends visible amidst the chaos. Infinite growth is not possible for any society, and it should not really surprise anyone that China is beginning to reach the point where it has achieved all the growth that it can, if this turns out to be the case. But China will always grow, it always has. The people of China are resealant. They will build roads over mountains in tough times to make sure that as a country they survive. In the United States we simply watch more TV to escape the reality that our country is struggling to keep people in jobs. And the population has been raised as sheep not as leaders, that is part of the reason why everyone sits around and points fingers at the president and says “becuase of health insurance I can’t afford to put food on the table” Or damn Obama, fix the country already!

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The Chinese Economy

The Strength of the Chinese Economy

Americans have been intrigued by the economic growth that China has experienced over the past several decades. Some Americans have been outright concerned about China’s relative economic success. Americans are often worried about the rising of another world power, especially due to the power vacuum in the world that has existed since the fall of the Soviet Union. China politics have left a lot of people worried about that.

However, it should be noted that many people were saying the exact same thing about Japan back in the 1990’s. Scenarios were Japan was all but taking over the world were everywhere back in the science fiction of the day. People would talk about how America needed to start competing with Japan more effectively in order to maintain its current position. However, people were largely just projecting their lingering concerns about the Cold War onto Japan. History has more or less confirmed that this was the case.

Japan is still very much a powerful country on the world sphere, but it has not come anywhere close to being a threat to American politically or economically. China politics are complicated, and the Chinese economy has gone through plenty of different fluctuations over the years. However, it should be noted that history could repeat itself yet again, and concerns about China’s rising prominence in the world could make this time period look similarly dated.

China is still well ahead of where it was only a few decades ago. Its tremendous economic growth has not reversed itself. That would be a dramatic drop in the economic power of a country, and few countries have managed to fall so far so quickly. Many of the problems that China is experiencing at present are very much the problems that people from other nations would expect in the wake of the Global Recession, which has affected China just as surely as it has affected all nations, particularly powerful nations. Still, different nations are going to recover from the Great Recession at different rates, and the recovery that China is going to experience remains to be seen.

Decline in the Chinese Stocks and Economy

Halyk Finance managed to track some fairly weak statistics from China in 2014. Many of the most relevant statistics from 2015 are still being collected at this point in time. However, the consumer inflation growth of China went down by 2 percent in 2014. They lost 1.6 percent on the consumer price index. China is a country that has benefited from accelerating inflation for a long time, and these blips in the data are not positive developments for a country whose growth streak has not been going on for as long as a lot of people remember.

The weak housing market has been a problem for everyone all throughout the world. However, this problem has been particularly bad for China. A good portion of their economic growth over the course of the past decade has revolved around their industrialization. Adding more buildings and expanding their cities has managed to generate a huge amount of income for the nation. This is a nation that was once largely farmland, and they are on the verge of becoming one large city.

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The Rising Middle Class

China had a rising middle class for a long time, which also helped fuel the housing market of China. More and more Chinese citizens were able to afford to purchase their own homes. The spark in real estate development helped the Chinese economy expand throughout the 2000’s. Many people in China managed to make fortunes for themselves just on account of having started real estate companies at the right time. It seems that 2014 still would have been the wrong time for these individuals.

The world economy has started to improve in some respects, but it has not been restored to where it was in 2007 before the Great Recession managed to get off the ground in the first place. However, a soft housing market has certainly hit some countries worse than others in many ways. In countries that weren’t undergoing rapid levels of development, the housing crisis was a problem but not the sort of problem that could still be crippling an economy nearly a decade later. For countries like China, who were riding a wave of real estate development over the course of a decade, the reversal of this trend has been much worse.

Commodities imported into China have also been suffering as of late. China has been a leader in base metals for a long time in terms of demand. However, their demand for base metals has declined considerably. While some people will note that this means that their spending is going to go down to a certain extent, it also means that they don’t have the means to develop and to use these base metals in the first place, which certainly does not bode well for them. A lot of the base metals that have dropped in demand are metals like copper, zinc, and nickel, which are all used in electronics. Information technology is an important industry all over the world at present, and a slackening demand for the metals that make information technology possible is rarely a good sign.

The American dollar has actually been stabilizing, which may not be good news for China. America has relied on precious metals for a little while, and there was a spike in the demand for precious metals for a long time. Americans are moving away from that trend now that the American dollar is worth more. In the late 2000’s and the early 2010’s, it seems that buying gold was all the rage in the United States, and a lot of people internationally were able to benefit from that. However, the mid 2010’s have been offering a different story, and people might be starting to become more confident in American currency at last.

On the one hand, the United States gets a lot of its inexpensive consumer goods from China. If the value of the U.S. dollar increases, that could ultimately be positive for China at large. Many Chinese business people have been able to benefit from the fact that the American dollar travels a long way in China. The people who have come to the U.S. in order to earn money and send the money back have been able to achieve success for a long time. These people are certainly going to benefit from the increase in the value of U.S. currency.

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CPC

In China politics, there is no opposition party except the ruling Communist Party of China (CPC). However, we do have other political parties in People’s Republic of China. They are usually referred to as democratic parties by the population. They mainly play the role of endorsing the policies of CPC. They also take part in People’s Political Consultative Conference.
Elections for People’s Congress in China are usually conducted at both town and grassroot level is in the villages.
China has a total of 8 registered parties. They are supposed to show acceptance to the Communist Party of China with most of their activities being directed by the United Front Work Development.
8 Minor Parties In China That You Didn’t Know

Revolution Chinese Committee of Guomindang
Chinese Construction Association Democratic National
China Democratic League
Promoting Democracy Chinese Assoc.
China Peasant and Democratic Party  for the Worker
Jiusan Society
China Party for Public Interest

China economy
China’s economy is completely different from other economies of many countries in the word in the sense that it is a social economy based on communism idea. It is the world’s second biggest economy in terms of Gross Domestic Product (GDP) after United States.
According to International Monetary Fund, China is the number 1 leading economy in the world in terms of purchasing power.
China was also the world’s fastest growing economy with an average growth rate of 10% for the last 30 years. This was before 2015 when the country went into an economic recession.
The country is known for manufacturing business. This has made it to be the leading exporter of manufactured goods in the entire world. Owing to its huge population over a billion people, China also becomes the world’s fastest growing consumer market.
However, the year 2015 saw the country get into an economic recession which was characterized by a reduction in trade and its industrial activities. This was evidenced by a drop in GDP over the past two quarters. Stocks also began to fall thus creating major concerns on the country’s state of economy.
In conclusion, China is indeed a unique country whose political system minimizes chances of competition and greed for power among leaders. This is why it has continued to enjoy political stability for many years. It is a good a example to other world nations.


State Council

The state council comprises of members such as the premier, vice premier, 5 state councilors, 29 ministers and heads of commissions for the state.
The year 1980 experienced what would have brought a change in politics of China. Efforts were made to make state and party functions separate. The party was supposed to make decisions concerning the general policy. The role of the state was to implement the policy. However, this practice ended 10 years later. This was because it was realized that leaders of political party were state leaders too.
In addition, conventions have also been made arguing that state and party offices need to be divided at other different levels of administration and not just in the central government. China politics has for many years been known to feature between two senior leadership positions. These include the party secretary and the chief executive. Each side has been trying to outshine the other so that neither seems to be dominating . This is why some political analysts say that the conflict is usually intentional.

 

In China politics, there are usually some spaces cases where leadership slightly differs from the general way the country is governed in terms of influence of Communist Party. For example, in areas which are termed as Special Administrative regions of Hong Kong city as well as Macau, Communist Party of China has little influence. It does not function in any way as part of system of Chinese government. In addition, we have autonomous regions that adhere to the Soviet practice. In such areas, the chief executive is usually a member of the local ethnic group in that particular area whiles the secretary of the party is somebody who does not belong to the ethnic group. In most cases, the party secretary is a Han Chinese.
The Local Government
The local government usually operates on ground at grassroots level. It is based on 4 different levels of hierarchy.
This Is The order Of Hierarchy
Township
County
Municipality
Province
The level increases with increase in geographical area. Each level consists of two significant leaders. One is the Party Chief who acts as a representative of the ruling party, i.e. Communist Party of China. He is charged with the responsibility of making policies at that particular level and is usually appointed by superiors. Another one is the head of local People’s Government such as governor, magistrate or mayor. He is elected by people through voting. His duties involve implementing policies and carrying out numerous ceremonial duties.
It is important to note that the period of 1978 saw an increased autonomy given to various provinces especially on matters regarding the implementation of economic policy in such key areas like transport and education sector. This was under the leadership of president Deng Xiaoping. This has made some provinces to start functioning as a de facto federal system with Beijing.

The main intention of autonomous regions and prefectures in China is to give greater autonomy to a particular ethnic majority that lives in a particular area even though the party secretary is the one vested with much power. A party secretary is usually appointed by Beijing from among the loyal party cadres. Their role is to oversee work at local level.
Parties & Elections


China

china money china's flag

China is arguably the biggest economy in Asia despite the recent economic decline as evidenced by the recession period. In addition, its stocks on industrial profits have been falling substantially, thus prompting the Chinese government to take an immediate action. To add on, the economy of any country in the world is largely determined by politics. You can never run way from it. That is why it is important to have a thorough understanding of China politics.

china GDP
China is a social republic which is led by one party called Communist Party of China. The country has a constitution called The Constitution of People’s Republic of China. It contains rules and regulations concerning leadership and state power.

shanghai
In China politics, the power of the state is usually exercised via the Communist Party which is the ruling party. It is also implemented by the Central’s People Government as well as provincial and local representatives. In case there arises any kind of misunderstanding among the people of China, the Chinese government through the Communist party makes use of what is referred to as Internal Reference in order to monitor and manage it successfully.
China has a dual system of leadership where every office which is sometimes called the Bureau is under the jurisdiction and leadership of a particular local leader as well as the respective office at top government level.
In China politics, just like in many other nations, elections are usually conducted to get new representatives after certain duration of time. For instance, at county level, voters elect People’s Congress members. The elected People’s Congress members have a duty to oversee the activities of the local government. They also elect members to the Provincial People’s Congress. Once we have members of Provincial People’s Congress, they in turn elect members to a much higher level called the National People’s Congress. Members at national level usually convene in the month of March in Beijing city.

chinese exports
Who Rules China?
China is ruled by the president. The president of China is the head of state as well as the head of government. He is the main figure in the National People’s Congress. He also serves other ceremonious functions associated with the presidency.

The President of China has the duty to preside over other senior leaders who are next in command. These include the four vice premiers, ministerial heads as well as heads of commissions.
The General Secretary of the Communist Party of China has the final power as well as authority over the government and state of China. This is because China is a single party republic, with all the authority vested in the ruling party.
There are quite a number of challenges that have been experienced in China politics and leadership over the past years. Because of its huge geographical size, governing this vast nation from Beijing has been met with a myriad of challenges. Some of them stem from the egocentric leaders who just want to satisfy their selfish interest. Some members of the Communist Party at local level are only interested in acquiring wealth at the expense of bringing development to their people. In addition, because Beijing, where the central government is based is far away, it has always proven difficulty for it to assert maximum authority to local levels.
Leaders at the central government level in the republic of China have a duty to formulate policies which are important for the leadership of the entire nation.
The country has also been undergoing economic transformations despite that fact that the Communist Party maintains that China is still in the first phase of Socialism which encourages communal ownership of property. Many people are of the view that China is slowly adopting privatization especially in the housing sector.
The Communist Party
It is the ruling party in China politics. The Communist party has a huge number of members totaling to an overwhelming 80 million plus. This party plays a major influence over the economy of China. For instance, command economy system stipulated that any property that was owned by the state was supposed to have a party committee. This meant that the party would influence key decisions made in all issues to do with the Chinese economy.
Later on, market economy was introduced in China. This limited the power of the party over economic institutions. This market economy system still exists up to date.

Every institution of government in People’s Republic of China has a Communist party committee which plays a big role in matters regarding administration.
The central government in China politics is considered to be very effective at the top level but weakens when power spreads to the grassroots. Areas where it is more dominant include government offices in Beijing, industrial and other urban settings.
The Communist Party of China (CPC) is in charge of selecting as well as promoting people at different levels of administration. It also ensure that members adhere the policies of the party as well as that of the state. In addition, Communist Party helps to make sure that non-party members do not form independent institution which may in one way or another challenge or oppose the ruling party.
The constitution also requires that every government institution should include a non -party member.
In China politics, top most body of the Communist Party is called Party Congress. Party Congress usually convenes at least once within a period of every 5 years. Their meetings used to be irregular in the past. But ever since the country went through Cultural Revolution, things have changed. The Party Congress now meets regularly. It elects the Central Committee.
Here Are The Primary Organs of Power In The Communist Party

The General Secretary – It is ranked the highest
Politburo- It is composed of 22 members
Politburo standing committee- It currently consists of 7 members. It is regarded as the most powerful decision making committee in the republic of China.
The Secretariat- It is the main mechanism of administration of the Communist Party of China. The General Secretary is the head of CPC.
Military Commission
Central Discipline Inspection Commission- It has the duty to stamp out corruption among individuals in all party levels.

The Central Government
Here is a list of the organs of state power in China

National People’s Congress
President
State Council

National People’s Congress
This is the highest organ of state in terms of powers in the republic of China.NPC conducts its meetings every year for a period of about 14 days. Its members meet in order to carry out a number of important activities. Such include reviewing and approving the new policies, budgets, laws and changes in personnel.
The Standing Committee of the National People’s Congress (NPCSC) is mainly involved in adopting Chinese national laws. Initiatives are usually forwarded to NPCSC so that they can be considered by members of the state council. This usually occurs after they have been endorsed several times by Politburo Committee which belongs to the Communist party.