According to the rules of this subreddit, it is not possible to discuss events that happened less than 20 years ago. Considering a comprehensive answer to your question certainly requires to deal with China during the 21st century, I think you should also cross-post to /r/ask_politics .

This submission has been removed because it involves current events. To keep from discussion of politics, we have a 20-year rule here. You may want to try /r/ask_politics or another current-events focused sub.