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Read the attached case study and answer the following questions.
1. When Goldman Sachs chief economist Jim O’Neill coined the acronym BRIC in 2001 to refer to Brazil, Russia, India, and China, the focus was to highlight the immense collective economic potential of these countries. Since that time, China and Russia have influenced the international marketplace in political ways as well. How do you think these four countries—or a subset of them—will likely influence the world’s cultures in the next 10 years?
2. Anyone who has been to Hong Kong typically says it is different from mainland China, more like Singapore, albeit with a strong connection to China. Do you think Hong Kong will become more like China in the next few years, or will China leverage Hong Kong as an asset to engage more capitalistically in the international marketplace instead?
3. Macau was under Portuguese influence until 1999, which is not that long ago. Many in Macau welcomed the Chinese takeover so that the area could be better taken care of (e.g., infrastructure, economy). But being part of the Portuguese administration from 1887 to 1999 clearly has imbued their cultural values and beliefs in the mindset of Macau’s citizens. How are these values and beliefs likely to influence the Macau–China relationship in the years to come?
4. Taiwan maintains diplomatic relations with some 76 member states of the United Nations (19 in an official capacity and 57 in an unofficial capacity). The nation’s culture is a blend of Confucianist Han Chinese and Taiwanese aboriginal influences. How would you handle the link between China and Taiwan—culturally, economically, and politically?
Your paper needs to be at least four full pages in length excluding the title and reference pages. You must include at least two credible sources that are no older than 5 years old in your assignment. The paper must be in the APA format, and include a title/cover page, in-text citations, and a properly formatted reference section.