China's economic miracle: A source of inspiration for developing nations

IN a global landscape heavily influenced by Western capitalism and liberal democracy as the dominant paradigm, often imposed upon regions of the Global South as the sole route to economic and political progress and advancement, China's approach and journey to modernization and economic development diverges significantly.

Instead of adhering strictly to the Western models, China has charted its own path, drawing on its rich historical context and legacy, unique internal dynamics and realities, and cultural heritage. This distinct trajectory challenges the notion that development must mimic Western models and standards, highlighting and showcasing the potential for alternative routes to economic progress and prosperity rooted in the local context, Indigenous experiences and values.