Anyone who has visited China in the early 1990’s and has returned today to see China can certainly tell you, that the Chinese economy has grown enormously. China reported on January 25, 2006 that its economy grew at its fastest rate in a decade 10.7%. China has managed to raise incomes in southwestern china in provinces like Yunnan and Sichuan which have historically been behind the eastern provinces. According to the Chinese Statistical Agency “urban Chinese households grew 10.4 percent in real terms last year, while those in the countryside rose 7.4 percent.” Rural incomes are “still at a comparatively low level,” Xie said, though he stressed that compared with China’s historic poverty, “this is a great leap forward.” Government officials said that “China’s total economic output last year was $20.9 trillion.” Germany’s output was $3 trillion but in terms of growth it was only 2.5 percent which was below China’s.

The 10.7% growth in the economy sector means that China is closer to overtaking Germany as the world’s third largest economy. Furthermore, with China’s successfully launch of a missile designed to destroy satellites, China has further proven that it is “nobody’s puppy dog” especially that of the United States. In terms of the challenges that the U.S. faces due to its vulnerability of satellites that are now an easy target to Chinese missiles, the U.S. is in a “can do nothing” position. It’s response to the Chinese government was weak further demonstrating that the U.S. has no ability or control over what the Chinese government does.

Lastly, as the Chinese economy continues to grow, it can start focusing more on social developments in the rural area which is home to over 800 million people. The booming economy that is seen in places like Shanghai and Beijing must now be seen in the poorest of rural areas like Guizhou..