China's One Child Policy
In the last part of the 20th Century, China, also known as the "sleeping giant," has transformed itself from a predominantly rural, pre-industrialized society to a political and economic challenger. Since the Maoist Revolution of 1949, also known as the Great Patriotic Revolution, China has transformed itself from a feudal system to one of the world's faster growing economies globally. China is huge -- in both geography and population. Over the last few decades it has experienced unprecedented economic growth with an average GDP of well over 10%. Even though the actual per capita income is still within the lower-middle category of global statistics, China still remains the third largest economy in the world. Modern China participates with a major role in the global economy, and organizations within the developed world take China quite seriously. China's own view of her economy is "Socialism with Chinese Characteristics," allowing state control over much of the economy with smatterings of private enterprise (Chinese Government, 2010).
In the...
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