If China decides to the correct the problems created by globalization, it will become wealthy and everyone will live happily ever after. Globalization is good thing once a nation has made the proper changes and corrections to keep its identity. Globalization can cause a nation's wealth to rise and give new technology to its people. This could happen to China, but certain things need to happen before the wealth and prosperity.
The second possibility is that China does not solve its globalization problems. In doing so, China would lose its identity and therefore cease to be China. In the long run, the small problems in the economy caused by trade could end up being the downfall if China's economy. If China does not protect its environment there won't be a China to live in, becasue it will be a toxic dump.
The outcome of China will be decided by the Chinese themselves, and globalization should only have a supporting role. If China were the Oscars, globalization would have the best supporting actor award and the Chinese would be the best actor (The best film would be the world).
