Tuesday, November 19, 2013

Report: How's China under Xi Jin Ping leadership?


Photo credits to telegraph.co.uk

It is not surprising to see significant change in the political outlook of the second of the world's largest economy. Many reforms took place and several officials were taken out of service due to corruption and inefficiencies. One of the most memorable event took place this year when the export economy of China started to boom in the early months until after 6 months had passed and we also witnessed the slow growth from the last recent months.  It was also notable to remember the currency of China remained strong as it did not become volatile.

A number of reforms also took place including the easing of "One Child Policy law", and demolishing labor camps. Many resident citizens were happy about the decision of the government. There was also significant reform in the visiting travel procedures in China including the multiple entry, single entry, purpose of visit and etc. 

On the other hand, China became very notoriously involved in the Spratly Island dispute issue which the country claimed its right to use the scarce natural resource "oil" and shoe away other foreign coast defenders in some instances which also claimed that they had ownership rights. Among many of its great contender countries were the Philippines. Vietnam, Brunei, Taiwan and Malaysia. 

What do you think?  


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