The history of china is rich with cultural heritage, and china’s political situation has improved over the years. Chinese culture is one of the oldest that still has a presence in the modern world. China’s economic situation enhanced with the steady leadership of its emperors. Between 1600-1050 B.C., there was the Shang Dynasty that ruled China. The earliest ruling dynasty of China established in recorded history, the Shang, was headed by a tribal chief named Tan. Intellectual advances in astronomy and math mark the Shang era. Understanding the history of china and china’s political situation is crucial for countries doing business with them.
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CHINA’S POLITICAL SITUATION AND ITS RELATIONS WITH THE WORLD
China’s political situation is a positive one as they have healthy relationships with many countries from across the continents. Over the last two decades, China has become more engaged internationally, including in conflict zones and fragile states. China has a substantial influence on local, regional, and international efforts to reduce violent conflict. China’s economic situation makes it more influential through financial aids to various countries. Meanwhile, a shifting global order and the return of competition among powerful states have raised the potential for geopolitical rivalries. Therefore, the history of china is not complete without looking at china’s political situation over the years,
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CHINA’S ECONOMIC SITUATION AND THE IMPACT OF U.S. RELATIONS
China’s financial situation characterized by the trade wars with the U.S., and its slow-growing GDP continues to soar. China still has much policy leeway when it comes to sustaining its economy. This is due to specific reforms undertaken without sacrificing the growth target of around 6 percent. This seems to have been understood by policymakers throughout the history of China. Also, China’s government announced its decision to do away with the foreign ownership ceiling of asset management companies. This would make further escalation of the ongoing US-China trade war difficult. Lastly, Throughout the history of china, china’s political situation has relied on the economic sector to gain influence worldwide.
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