What theory does China exemplify?
World Systems Theory
What does World Systems Theory state?
Assumes you have a 3 tier world with most change from societal flux in semi-periphery countries.
Why did China fail to emerge previously?
The Chinese emperor banned ship building in Europe where there was a huge competition to develop tech. for colonialism drive and economic growth
What are/should China taking advantage of now to develop?
World stagnation to start rebuilding and restructuring world economy.
What does China already that the US doesn’t have?
High speed rail