The East Asian realm has experienced rapid economic development recently. The economic growth rate is higher than that of other realms. In particular, China's economy -has changed from 10th to 2nd place globally. We read about the BRICs earlier in the semester. BRIC refers to the emerging markets of Brazil, Russia, India, and China. We also have read about China's increasing role in other realms, particularly South America and Africa. What are some of the political, social, economic and environmental impacts from the rapid economic growth?
Use at least two (2) internet sources in your discussion forum; Wikipedia or other online encyclopedias cannot be used as a source. You must create a new thread to discuss economic development, and then respond to comments posted by at least two other students. Remember to cite your internet source using MLA format.