Answer the following question: It is the year 2049, the 100th anniversary of the Chinese Revolution. What is the China of 2049 like? What has changed, what has not? What successes and failures has the nation experienced? How do you picture China being in

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China in 2049IntroductionChina is a country that has seen a rapid change in its economic orientation through much focus on trade. It has raised its rank to become one of the global superpowers by showing strategical commitment in the management of its economy. Currently, the social market economy of China is the world second largest with growth averaging 6% in the last thirty year. Notably, in 2015 China was the global fastest growing economy a factor that can be attributed to the power of the country public sector which largely account for the political and economic development. The country also has the largest banking sector in the world which amounts to more than $39.93 trillion where more $27 trillion are a deposit. With the current trend of the country, it is expected that it will con...

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