Topic: China will become Super Power ? - page 20. (Read 14746 times)

China basically already is a superpower. Alongside USA (#1 power, obviously... could called them THE superpower) and Russia, of course. I would list USA as by far the strongest superpower the world has ever known. There have been studies done on this that are in full agreement. However, given the age we live in with nuclear weapons is is quite useless to be that strong because anyone with a few hundred nukes could wipe out the US in 1 day anyways, and vice versa.

Even we are not talking into the crypto side China is already considered as a Super power country seeing on their ranking on global economy we can clearly see that they do really have the power.They can influence things if they do want to,and talking about defense system they do have a strong  force which any country would hardly to beat it.Now lets talk on crypto side,knowing that they have the biggest influence when it comes on mining hardware on bitcoin.

That is true, the rate at which China has been growing and developing has been alarming. Their success is what I would regard to reward of hardwork, reaching where they are today didn’t come on a platform of roses, they had to work for it.

They already are an economic superpower, and soon will be a military too (with the amount of $$$ invested in hardware already).
As to being a key diplomatic power and influencer in world affairs...aka: a leader.....well..that's a different story.
But they will certainly be a "local" superpower with a strong regional focus. The issue I see is that more and more they seem to be closing down to the rest of the world, and that is never good for prosperity and economic growth...leading to bubbles, capital outflows, social imbalances, etc.

Sure, keep on riding that big air bubble....

While other countries pay more attention to quality, then china just the opposite, they apply a quantity pattern that is able to reach all economic circles, they are in accordance with bitcoin therefore, it can be said China has higher human resources than other Asian countries, almost everyone. Engaging in investment in China is no exception to housewives.

This has caused problems because bitcoin can inflate China, but this is taken seriously by the government, most recently the ICO ban, but I believe this effect is only short, Chinese investors are always smarter than their own government.

china is a super power candidate for the world economy, now it is already seen clearly.

They are a superpower riding on a giant air bubble.

China impacts the world economy and governmental issues. Furthermore, it will just keep on expanding.whether they are as far as the measure of the economy, or outside stores, the quality of their military, at this moment they are as of now at the level of superpower.

We have heard this slogan for a long time now and will still hear more. China might have done well to have risen to the level it is now economically due to her max production prowess. We are still watching.

Only thing I've seen from China is low quality products and knockoffs. Not for me.

China has always been suspicious behind it's motives but we can assume that they want to be superpower or maybe want to take revenge on some country, you never know. A few years down the lane and where will China be, what will it do to get what it wants. And the relationship between China and crypto currency is not going good at all as well. Good luck China for your future, don't know what you are going to do.

Chinese are working around the globe and I have myself met many Chinese in my country. They are covering the largest portion of international market. Their products are supplied all over the world which make them the main contributor of international market. China is a sleeping giant and can take over world anytime.

All altcoins are going down since yesterday because of the bad news from concerned ico which is because bitcoin and others cryptocurrency are inter related. China has large control over bitcoin and cryptocurrency both hardware and software and that is why any news from China affect bitcoin and altcoins market. China manufacture everything now including cryptocurrency hardware and software and if bitcoin go mainstream China will control must of the world economic policies and financial policy.

What was the big reveal?

China is already a superpower and they may be the third most powerful country after the United States and Russia. But the major disadvantage for the Chinese is regarding their military hardware. Their technology is ages behind that of the United States and Russia. There is hardly any innovation in China. Most of the time, they are plagiarizing technology from others.

One of the arguments emerging in yuan / dollar relations is that China appears to benefit more than the US dollar. Manufacturers in the United States often press on Congress to lobby China to appreciate its currency, arguing the difficulty of competing with cheap Chinese goods. Year after year, new bills were introduced by Congress demanding China to balance the yuan and the dollar.they claim the Chinese protect their trade advantage and the US is forced to pay the price.
The problem from a Chinese perspective is that the appreciation of the yuan could mean a lack of foreign investment in China, deflation, low wages and unemployment in the country. Less exports will also reduce the dollar supply in China for investment, both at home and abroad. China argues that the benchmark currency is intended to encourage economic stability and leave the benchmark could lead to an economic crisis.
When Decreasing is a good thing
Some of the benefits of the yuan's decline for the US are lower prices for consumers, lower inflation pressures and lower input prices for US manufacturers using Chinese supplies. Or, the yuan's decline is hurting US industries that compete with cheap Chinese goods, hurting US production and employment.and also, the low yuan makes US exports more expensive for Chinese consumers and reduces exports to China

Chinas transition into the one is kinda inevitable at this point, given the state of disarray in American politics. But, this isnt that.

China is not digging the vast fortunes being made by its low income citizens, it is disrupting society (you cant have the poor folks getting rich all of a sudden, its unseemly LOL) The PBoC literally states that ICO's have "seriously disrupted the economic and financial order". Yes, there have been some scams, but this to me seems more about the competition that crypto markets are giving traditional exchanges in China (who in the blue fuck would by a traditional asset, when you could have bought NEO?).  Notice that instead of just banning future ICOs, they are making investors return funds, which is a bit overkill unless you want things to return to as they were.

really curious to see how those companies are going to return spent money

It is highly visible that China's position is very influential on crypto business. Just now we see BTC falling, and the cause is government policy towards ICO. It is very worrisome for the Chinese government to take that policy. and China is very confident of becoming the new Super Power State.

Yes this is quite alarming, the coin market now is in blood bath again because of the ICO banning in China.
But I'm still optimistic to this that sooner crypto currency will recover from this. And we still have the Western countries and Russia who's still up to this. But still hoping Chinese government will change their mind.
However, there will be an impact to us but I know in time we will get through this.

Every countries can be super powerful in different ways and china is being powerful in business because if you will notice that the chinese people are very opportunist and they always grab the possible opportunity that they can get benefits like bitcoin and because of that, china is one of the powerful country in bitcoin because they got the most supply of bitcoin and also the hashing power in mining.