Wednesday, March 2, 2011

China- Good or Bad?



            Without a question China’s relationship with the United States is a good thing for American citizens. First of all, China’s positive relationship with the United States has helped businesses and corporations grow and thrive because of the ability to outsource jobs and work to China. The outsourcing of these jobs to China allows for companies to make the same quality product that they would make in the US but for less money because it does not cost as much to hire help in China. For this reason companies in the United States have had greater profits and ultimately end up using their money to invest in the stock market. Another reason China’s relationship with the US is good for Americans is because for the past decade or so, China has been loaning the United States money. This is good for the USA for two reasons. One, because it has enabled the US to spend more money than they normally would have and two, because China now has a vested interested in the welfare of the United States because they want to be paid back eventually. Because of this, the United States does not have to worry about attacks or conflicts with China because if China destroys the US, they will not be paid back. In a way, the United States owns China.