Extra credit blog: China and globalization——SHU YING

Globalization has been both advantageous and challenging for China, and China has also significantly influenced globalization:

1.Is Globalization Good for China?

Globalization has significantly benefited China. The country leveraged open markets and trade liberalization to become the “world’s factory,”driving unprecedented economic growth and lifting millions out of poverty.Through globalization, China gained access to advanced technologies, knowledge, and foreign direct investment, which accelerated its industrialization and innovation capabilities.
Globalization has exposed China to diverse cultures and ideas, fostering modernization and international collaboration in areas like science, education, and arts.
However, globalization has also made parts of China overly reliant on external markets. Furthermore, wealth gaps between urban and rural areas have been exacerbated as globalization has unevenly distributed benefits.

2. Is China good for globalization？

Innovation and Investment: China’s investments in infrastructure projects (like the Belt and Road Initiative) have contributed to global connectivity, fostering trade and development in many regions.
Challenges to Globalization: Some argue that China’s practices—like state subsidies, intellectual property issues, and market restrictions—challenge the principles of free and fair trade, creating friction in globalization’s ideals.
Globalization has been both beneficial and challenging for China. On one hand, it has driven economic growth, boosted exports, and allowed China to integrate into global supply chains. On the other hand, globalization has also brought external pressures, competition, and heightened scrutiny of its policies. China has been a major force in shaping globalization, particularly through its manufacturing dominance and initiatives like the Belt and Road. However, domestic issues, such as social unrest and economic inequality, might impact its ability to sustain this influence.


In summary,globalization has undeniably benefited China’s rise on the global stage, but it has also posed domestic challenges. Meanwhile, China’s active participation in globalization has reshaped the global economy, creating both opportunities and tensions. The symbiotic relationship continues to evolve, influenced by geopolitics, economic policies, and cultural dynamics.

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