Model and Workings of China's Socialist Market Economy: Goals and Strategy to Be the Sole Global Superpower

Abstract

Modeling from the behavior and information inside China, we study China's ambitions and actions from 1978, when it opened its markets to the West, extend the road map it followed to the year 2052, when China’s Goal of Trilogy requires China to control 30% of the global GDP, effectively making it the world’s sole superpower. Our model describes how China is getting out of socialism and has been evolving its own version of capitalism, different from all three models of capitalism. China’s National Capitalism is like none of the three systems, but, ironically, is like all three selectively put together. Starting from the goal leading to the Trilogy and its implementation, we give an integrated model of the Chinese growth, and a complete model of the evolution of the Chinese version of capitalism devised to achieve this. We also explore the potential risks and dangers of China’s unproven predatory development model.