Koon Yew Yin 24 May 2020
Currently China is the 2nd largest economy in the world. The US has been the richest and most powerful nation in the world for many decades. I believe this top position is partially and artificially supported by the strength of the US dollars. In fact, US has even declared wars and imposed trade sanctions on several countries to protect the US$. However, a few months ago, China, Russia, Pakistan, Kyrgyzstan, Tajikistan and Uzbekistan have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dollars.
Now the US has the most Covid 19 cases in the world. The Covid 19 virus is spreading like wild fire in America. US has the largest number, 1,623,400 Covid 19 cases and 96,523 deaths in the world. The daily death toll is about 3,000. Due to lockdown and social distancing, the jobless claims keep climbing to hit 38.6 million since lockdowns began. US will go into recession inevitably. As a result, China will become the largest economy in the world.
China is united, peaceful strong and helpful. China has not invaded or colonised the territories of other countries. China is helping developing countries through its Belt & Road initiative. China is for globalization, international co-operation and collaboration. China works closely with WHO, WTO, and IMF. China also believes in global warming and renewable energy.
China’s most recent inventions: China has done so many good things quietly to benefit the world. Moreover, China has so many new inventions which will benefit the world as you can see below: World’s first third-generation AP1000 nuclear reactor
China is the first country to construct a third-generation AP1000 nuclear reactor – this new generation of reactors has higher capacity, more advanced safety features and enhanced fuel efficiency. Unit 2 in Sanmen completed a full-power demonstration test run in November 2018, and is now considered to be in commercial operation.
World’s first landing on the far side of the moon
On 3 January 2019 China announced that it had landed the Chang’e 4 spacecraft called Yutu 2 (pictured) on the far side of the moon. This image of the previously unseen side has put China on the map of space exploration and NASA described it as a “first for humanity and an impressive accomplishment”. The spacecraft will be able to probe the surface if the moon, giving researchers new information about the structure and composition of the moon, helping researchers to understand differences between the near and far side.
World’s first ‘artificial sun’
By the end of 2019, researchers in China are set to have finished building an ‘artificial sun’ – six times hotter than the centre of the earth’s Sun. The Experimental Advanced Superconducting Tokamak (East) was announced by researchers at the Hefei Institute of Physical Science in November 2018, and in March they enabled it to reach temperatures of 100 million degrees Celsius. Researchers say it will help us achieve ‘nuclear fusion’, the process by which the sun provides its heat and light. If successful, it could be an incredible new green energy source.
World’s first quantum satellite and unhackable computer network
Steaming ahead of the US, China launched the world’s first quantum communications satellite in August 2016. Quantum communication is essentially a secure, hacker-proof way to communicate or send data back and forth. The Quantum Science Satellite (QUESS) weighs 1,323lb (600kg) and made its launch from the Jiuquan Satellite Center in the Gobi Desert.
World’s largest floating solar power plant
China is the world’s top investor in renewable energy, having committed $698 billion (£551.4bn) in renewables capacity between 2010 and the first half of 2019 according to a UN-backed report. It’s also home to the largest-ever floating solar plant, which is located in a former coal mining area in the eastern province of Anhui. The solar farm, created by Sungrow Power Supply, was officially in operation as of June 2017 and can generate 40 megawatts of electricity, enough to power 15,000 homes. However, it might soon be overtaken. Rival developers Three Gorges New Energy have already partially connected a 150-megawatt floating solar farm (pictured), also in Anhui, which will be the world’s largest when fully commissioned.
Conclusion: All these clearly show that China is more than qualified to be the new leader of the world in the 21st Century.