Challenge in the Pacific The Rise of China

摘要

For over half a century-since the end of the Korean War in 1953 and the Vietnam War in 1975-the U.S. presence in, the western Pacific has brought stability and security to the region. This has enabled economic development, with the inherent exchanges in investment and trade. Singapore is a prime example. Since the 1960s it has grown rapidly, its GDP rising from $974 million in 1965 to $223 billion in 2010. During the same period per capita income grew from $516 to nearly $44,000.