Concurrence of Five Paradoxical Coincidences

Question: Discuss about the Concurrence of Five Paradoxical Coincidences. Answer: Introduction The issues, arguments as well as counter arguments are highlighted in this essay that mainly focuses on the Munk Debate in China. The economy of China has developed in just 30 years. However, it is taken over as the largest automobile market in the world by the United States (Huang). Discussion The demand for cars in China is likely to increase by tenfold in the years to come. As per the report, China is likely to use one fifth of all worldwide energy by the year 2035. The country used to dependent on foreign direct investment. It has been quoted by Fareed Zakaria that China is a country whose level dwarfs the United States. It has been indicated by the UN in a report that China is going to have a demographic fall down over the next 25 years. As a result, it is likely to lose 400 million individuals. David Li had argued that he feels himself to tremendously handicap in the debate. However, he had argued that the changes that have been observed in the past decades in China at most are only intermediately executed. He had also argued that the continued change in China is mainly due to energy. It has also been argued what kind of influence China will have in the world. Fareed Zakaria argued that the influence would be multi-dimensional (Horesh). The emergence of China has provided hopes to the deprived in the world that includes the individuals from Africa and other underdeveloped region. China has also been constrained in the natural resources. Henry Kissinger on the other hand argued that the issue is mostly related to the fact that whether 21st century belongs to China. According to him, China was preoccupied with massive issues locally. Although, China has accomplished great things inexpensively it requires to produce 24 million jobs each year (Onnis). The country requires attracting six million individuals shifting into the cities each year. It also requires accommodating a society in which the coastal areas are at the level of advanced countries. In the geopolitical situation, a group of smaller countries has surrounded China historically. As a result, the foreign policy of China can be described as a barbarian management historically. On the other hand, Niall Ferguson have put forward a counter argument that deals with the fact that the major challenge is to accommodate the rights of China. A fascinating series of arguments have started to take shape in this debate (Lin). Conclusion According to the opinion, China has been changing for the past 30 years and regardless of all the increasing challenges, the country is still making changes. It can be concluded that an economy as large as China will not be able to grow at the speed of dual digit GDP growth. References Horesh, Niv. "In Search of the China ModelHistoric Continuity vs. Imagined History in Yan Xuetongs Thought."China Report49.3 (2013): 337-355. Huang, Philip CC. "How Has the Chinese Economy Developed So Rapidly? The Concurrence of Five Paradoxical Coincidences."Modern China(2015): 0097700415576702. Lin, Yi-min. "The Connotation, Debate and the Prospect of'Beijing Consensus'." (2013). Onnis, Barbara. "Has China Plans for World Domination?."Comparative Civilizations Review68 (2013): 55-73.