Quote from: usekevin on September 10, 2023, 09:31:23 PM

The China had the product for the world population at the cheap cost,China also not the big economy like other Asian Nation.They had start to use their population in the good way,because China was the top of the world population.Using the population their had manufactured the product which will competition with the domestic product of any country.Actually the China product will be half the price of the domestic product,So the people buy the China product compared to their own domestic product.This was the cause of the China become the powerful economy.

China's technological and economic progress has greatly benefited developing countries. So that high-tech products become affordable, and raw materials are purchased by China at reasonable prices, China even builds raw material processing factories in developing countries, thus opening up job opportunities.

In the past, before China's progress, developing countries were exploited by developing countries selling their technological products at very high prices while raw materials from developing countries were bought very cheaply. This was a form of neo-colonialism (a new style of colonization using technology instead of weapons). So, countries such as the United States, Japan and other developed countries are disadvantaged by China's progress. now they can no longer monopolize their technology because they cannot compete with high-tech Chinese products at affordable prices. China's progress has improved human welfare. Products that used to be expensive are now affordable so that people with low incomes can buy the goods they need because the prices are cheaper. Maybe this is what makes China's economic strength strong.

I really hope that my country, as a developing country, can take advantage of China's rise for the progress of my country. Now many countries can buy machines and capital goods at affordable prices from China to advance the business world and increase people's productivity instead of buying consumer goods from China.