The Spratly Islands: A Regional Perspective
The unprecedented and massive developmental growth China has experienced in the past decades has in fact transformed a country from a third-world overpopulated Asian state, to one of the most influential nations since the rise of the United States after World War II. China now faces the classic dilemma of maintaining its developmental growth and economic progress. It has been predicted that China’s overall economy could grow at 9 percent per year for the next 20 years.
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