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Chinese women walk past a luxury fashion boutique at a shopping mall in Beijing, China Tuesday, Oct. 21, 2014. China's economic growth waned to a five-year low of 7.3 percent last quarter.

(AP Photo/Andy Wong)

Analysis & Opinions - CNBC

Challenges China faces for its future

| October 16, 2014

China's political, economic and foreign policy over the next decade is not only fundamental to the country itself, but also to the wider Asia-Pacific region and – increasingly -- the world beyond.

China already represents 16 percent of global gross domestic product (GDP), rising to 28 percent by 2030. China is also by far the world's largest emitter of greenhouse gases. Furthermore, continued maritime boundary disputes in both the East and South China seas are a significant continuing factor in the region's underlining strategic instability. How China deals with each of these challenges is therefore of significance to us all.