you mean that they are growing and eventually take over the world? i completely agree with that.
2006-07-02 18:05:25
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answer #1
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answered by nonyerbusiness 3
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It depends who you think of when you say 'America'.
The big Corporations know the size and growth of China, huge market but also huge and cheaper pool of labour to move production to. Furthermore, it's not just unskilled labour.
The Government knows the potential of China, hence the nogotiations, the wavering stance over Taiwan, then increasing hardening of trade negotiations...
The people might not know what China means. The media and government are doing a good job. To many China is just an enemy, a foreign land there to steal jobs and peddle lower quality products. They don't realise that job losses are dictated by the bosses of the huge corporations who are likely to be Americans themselves, and by the consumers themselves. If they care so much about home-made, then they should pay the premium since the American worker is paid much more even in real terms, than a Chinese worker doing the same job with the same efficiency.
In sum, I would say no. No denial, just taking advantage of opportunities and trying to have their cake and eat it too (Government and Corporations) or being misinformed (many 'normal' people).
2006-07-03 17:55:01
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answer #2
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answered by ekonomix 5
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Probably, although I think China is so far behind America that we have a few decades before we really need to worry about them. That said, if we act now, we won't have to worry in a few decades... but Americans aren't very forward looking anyway.
But as China's enormous population ages, both because of increases in medical technology prolonging the Chinese lifespan and because of decreases in the birth rate due to government programs and other social forces, models show that the enormous US-China trade deficit will slow down over the next few decades and actually reverse.
Although China is growing at 8-10% per year, this is unsustainable in the long run, and by the time they catch up, which will take 40-60 years even assuming the best conditions for China, the world socioeconomic scene will be so different that it's not as much of a threat as it looks like now.
2006-07-02 18:14:08
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answer #3
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answered by Tim 4
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No - and you asked a similar question last week. It looks to me (a complete amateur in economics by the way) like China is rapidly moving from an agrarian society to a manufacturing one - pretty easy if you have starving peasants living in an authoritarian state. It is showing a lot of growing pains these days too. If it wants to go up to the level of manufacturing expensive, desirable luxury goods and providing innovative, high-value adding services in a big way then I expect things are going to have to change pretty radically. Does China have a chic fashion industry? Nope. Can you name many tourist destinations other than the forbidden city, or the great Wall? Probably not. Do they have a history of investment banking? Nope. They make lots of plastic buckets and garden furniture. So what?
I read an article in the Economist that said that the Chinese middle classes are finally starting to take holidays abroad, and what are they spending their money on? Cultural visits? No. Real designer shoes and handbags to show off back home because the ones back home are all fake. Doesn't sound like a particularly sophisticated, inquisitive, creative, dynamic middle class yet.
2006-07-11 10:07:41
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answer #4
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answered by fieldmouse 3
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I think that the United States is very aware of the growth of China, both at Government level and in the consciousness of its more educated citizens. However, this growth is so mind boggling it is hard to take in. Also, the political implications of this growth are not so easy for the United States, and other Western democracies, to "sell" to the voters.
It is not obvious that other countries can do a lot about aspects of China's growth, such as enviromental and trade implications, that affect them, however much they would like to.
Other things (not least, again, environmental pollution) being equal, we should all be glad that the Chinese are prospering.
2006-07-03 07:23:05
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answer #5
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answered by Philosophical Fred 4
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America is in denial about its own growth... at least China has population controls in place, I wish the USA would smarten up and do the same before we reach a stage where we have to start killing off people because there are too dang many of us.. see you city - is it bigger than when you were a kid?? were farms destroyed to allow urban sprawl?? were forests cut to build houses?? where will the food come from to feed all those people?? what will happen when the soil is so depleted of nutrients it cannot produce crops??
China is growing.. but lets fix our own problems
2006-07-02 18:08:18
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answer #6
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answered by CF_ 7
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No, I don´t think America is in denial about the growth of China.
I think America is confident about controlling the chinese people with an american "cultural" invasion.
China is changing, they are getting an increasing flow of cash due to their thriving businesses. Most chinese youths want to look and live like americans. As time goes by american influence on chinese youths will yield results.
Let´s wait for the next chinese generation to reach government positions. They are going to have a vague and not too positive idea of who Mao Zedong was. But they will surely know what means to spend holidays in the Caribean and wear expensive suits.
I worry more about current labor conditions in China. There are two many poors most of them working under slavish conditions.
Suicide rate in Chinese big cities is on the rise. General discontent is the main worry for the Chinese government.
I think the Chinese government should be more worried about its proletariat, than the Americans about the Chinese people as a body.
Don´t worry and order the next Chow Mein....
2006-07-02 18:16:47
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answer #7
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answered by LectorBorgia 3
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Perhaps it's an aftereffect of the Cold War. Ever since we won, we have acted extremely arrogant. We don't think that a communist country will ever become the world's next superpower (even though China's economy is becoming more capitalistic by the second, even though free speech is severe problem, but that's for another topic and question I guess), even though it probably will (India is doing a great job too, but it isn't a communist country). That's probably the most logical reason.
2006-07-02 18:20:45
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answer #8
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answered by Alex W 2
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YES!. America is also oblivious to the fact that the government owe 1 Trillion dollar to China and 800-900 Billion to Japan.
2006-07-02 18:07:23
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answer #9
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answered by auestionsandqnswers 2
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If a mouse closes its eyes from cat,that would not rescue him.China is a rising power and US has to face this.Its denial would not stop China;s growth.
2006-07-02 18:46:05
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answer #10
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answered by khan a 4
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I think so. We should be learning Asiatic languages because there is massive growth in Asia in general. Our former prime minister (Canada), Jean Chretien, recognized it and worked to forge an alliance with China for trade purposes- unfortunately the next guy dropped the ball...
2006-07-02 18:06:12
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answer #11
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answered by Mrs.Foster 4
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