China's exports to the US is about 10% of their economy and about 2% of ours. so they would be hurt worse.
2007-11-23 15:57:14
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answer #1
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answered by meg 7
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A good question that hits on this word, 'values'. China has at least as bad a record as Saddam's Iraq, in fact a lot worse....millions of chinese have died under this far east thugocracy. Yet, 'Americans', our own people dressed up in their pin striped suits, ties and shiny shoes simply over look the history of this terror state and the present situation there with its forced and semi-slave labor, human rights atrocities and its horror story environmental policies. Now for the worst of it....by the time chinese products hit the shelves at Wal-Mart the price markup is only pennies below what the same products...without the lead paint...would be if they were made in USA by union labor. If this was a different world where 'values' actually counted for something, the Chinese, would have to manufacture for their own internal market forgoing zillions of US bucks. More to the point, our own workers would have that many more bucks here. The trans-national corporations would still make a fair living so it would be more or less a win all the way around. Why this isn't obvious has more to do with the pro-corporation propaganda machine and the anti-union disinformation campaign brought to you by the the people that 'love' America....the corporations...the people who with all their 'love' have sold out 'our' country for 'every day low prices'. When you think about it, it's enough to make an honest man hurl!
2007-11-23 15:44:05
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answer #2
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answered by Noah H 7
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Who would be affected more?? That's hard to tell, it would surely be bad for both countries.
China would lose millions of jobs for the lower class citizens of that country, which would eventually lead to anarchy as about 900 million unemployed pheasants tried to over throw the government.
Meanwhile, back in the USA, we would eventually lose our #1 employer and seller of all things Made in China, Wal Mart! This would be a real hardship on our lower-mid class citizens as many people depend on Wal Mart for affordable merchandise. Everything that Wal Mart (and places like them) sells would cost a lot more as the cost of manufacturing them goes up as well. So in the end, basically what happens here is the poor get poorer, while the rich find ways to get rich off of this as well.
2007-11-23 15:33:21
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answer #3
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answered by qu1ck80 5
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America would suffer the most.
The products manufactured in China are done so to avoid having to pay the labor costs that American workers demand. The people there often don't make enough to support themselves or their families, and often are still in poverty, even though they are paid a "fair wage", according to the Chinese government.
Americans would pay more for items that were made there, and inflation would be out of control.
2007-11-23 15:31:53
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answer #4
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answered by volleyballchick (cowards block) 7
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This is a very real possibility with a falling US Dollar in order for China to remain competitive and keep its US Business it would have to further devaluing its currency. Soon it will get to a point where they cannot go any further down and their economy will collapse. No if that happens they will almost deffinatly try to call in its loan and begin sabre rattling to try and scare us into repaying our debt. Unfortunately they will have no money and have to borrow from someone in order to wage a war against the US and likely te only ones who will lend to them are the Russians. I don't know it would be a mess for the world
2007-11-23 17:06:23
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answer #5
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answered by Tip 5
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We can't. The dimwits in government borrowed money from them, now we are in debt to them. Besides, corporations LOVE this. They can have employees in China work for pennies, and sell it back to the United States for a HUGE profit.
Corporations haven't cared about this country except for profit for a while. Otherwise, they wouldn't have taken their companies out of this country.
2007-11-23 16:12:28
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answer #6
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answered by linus_van_pelt_4968 5
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Well, they probably would send those jobs to Mexico, India, and elsewhere. They are determined to keep those jobs away from american workers to raise their bottom line. All they want from us is to be able to buy the goods when they import them here. Yeah, I know, it seems like faulty logic, but they don't care about the long term health of our country and our citizenry, they just care about their profits.
its the welfare of americans that concerns me. Let other countries worry about their own.
2007-11-23 15:32:25
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answer #7
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answered by me 1
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It would reduce China's military growth.
And Americans would buy products made in countries besides China.
2007-11-23 15:48:05
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answer #8
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answered by a bush family member 7
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They would have to pay Americans to do the labor, which would increase cash flow, purchasing power, and promote a better US economy.
But then we'd have to promote the free tade agreement again to squash US labor unions.
2007-11-23 15:56:21
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answer #9
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answered by Anonymous
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I think they would move there factories to other undeveloped countries, like India, or other country like it. I think the Chinese would be more affected, but that's my opinion.
2007-11-23 15:29:24
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answer #10
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answered by Some Random Kid 2
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