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Discuss the forces and influences shaping Chinese strategic culture and security concerns at the turn of the twenty-first century How will Chinas emerging power status impact on the region From the introduction of Deng Xiaopings economic reforms with the exhortation that to get rich is glorious in 1978 Chinas primary concern has been to make itself a prosperous and secure nation by way of processes of economic reform In current Chinese terminology the stated goal is to increase the countrys Comprehensive National Power The Chinese government finally bet on capitalism as the means by which to achieve these goals Though China has achieved remarkable success over the past two decades by way of opening the economy to foreign investment and trade It is now faced with a number of challenges to its domestic and foreign policy as a result of its past and prospective movements to integrate with the global economy In short as China moves into the 21st century the challenges that it faces are to maintain social stability and regime security through the perpetuation of the partys legitimacy via a program of economic reform Indeed many Scholars and Beijing itself have posed the question Will China Collapse State Owned Enterprises or SOEs have been under the reform hammer since 1993 Traditionally protected against foreign competition they have been responsible for employing approximately two thirds of Chinas urban workforce whilst also providing the social-welfare needs of workers and their families Having been perpetuated by unviable bank loans granted under political duress reform has been and remains an imperative to save the banks and SOEs from foreign competition and each other As a result of these and other reforms designed for the transition to a market economy it is estimated that as many as 11 million people lose their jobs every year in China Moreover in combination with a general downturn in other sectors of the economy- notably agricultural and township
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