Will the condition of China, become like that of Soviet Union?
After donald trump became the President of America again, there is a stir in the world. trump has imposed tariffs on many countries, along with this he has also started a campaign to expel all the people living illegally in America. But imposing tariffs is now proving to be a burden on America. First of all, America imposed a 25 percent tariff on goods coming from neighboring countries canada and Mexico, but had to withdraw its decision within 24 hours. At the same time, a 10 percent tariff was also imposed on goods imported from china, then china also retaliated by imposing a tariff of 15 percent.
Overall, it is clear that the 'trade war' with China has started as soon as trump came. But is china fully prepared for this? Analysis of all the facts shows that even though china is determined to take on America, it also faces many challenges and its condition may become like that of the Soviet Union.
There is no doubt that China's economic growth in the last several decades has surprised the whole world. china has become a country that has grown from a society dependent on agriculture to the world's fastest growing economy. Rapid industrialization and urbanization by acquiring agricultural land have played a big role in this. In the 20th century, china has become a country that has the power to challenge even a superpower like America. At times, it seems that the whole world has been divided into two camps, one of which is china and the other is America. But in the 21st century, china is facing many problems and it seems that China's 'golden age' is now on the decline.
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