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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2828 |
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When Chinese military and civilian leaders claim that their priority is economic growth and stability, they mean it; the primary mission of the PLA and the People's Armed Police (PAP) is internal security and stability. To a large extent, the PLA has had to postpone its mission of external defense. In the short term, Beijing is distracted from a serious military buildup by problems that are resource-demanding...
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In the short term, Beijing is distracted from a serious military buildup by problems that are resource-demanding. At this stage, and aware that the collapse of the Soviet Union occurred when Moscow attempted to win the arms race against the West, the PLA is prepared to remain under-resourced. To compensate, China's military leaders are working to develop the capability to control sea lines of communication, project regional force, and deter the United States and other potential adversaries in creative ways without matching forces...
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General points of the essay
critical assessment as to why, according to the Stability and Growth Pact, member countries of the EU should maintain deficits within 3% of their GDP.
Explain what is meant by the term “financial stability” and discuss the underlying trends that have prompted policymakers to give greater emphasis to financial stability as an economic objective.
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Is China the New Burgeoning Super Power?
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