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Posted on 02/26/2008 8:54:21 PM PST by steelboy
Whatever the motivation for the change, the Bush administration sees China adopting what it thinks are more responsible positions, from North Korea to Sudan and elsewhere, moving from isolation to engagement. China is going to great lengths to burnish its image as the Olympics bring worldwide scrutiny to the country, though Rice didn't draw a direct connection in remarks here Tuesday.
"I can't get into their motivations, but ... China is opening up to the world in a lot of ways," Rice said after talks with President Hu Jintao and other Chinese leaders
(Excerpt) Read more at news.yahoo.com ...
BUY AMERICAN
US needs to stop buying Chinese eyeglasses.
We’re just being nice because the Olympics are around the corner, but AFTERWARDS? Back to the normal...
How about buy European?
Nope.
Buy American. :)
Buy European.
No.
Communism is alive and well and being promoted by the US government.
Go figure.......
No kidding, trading with US. is the best thing that ever happened to them Chicom running dogs.
Regards
Whatever they drink on The Hill, I want some.
Hitler ran a nice Olympics, too, just before the war started in earnest.
Rice should go back to warping student’s minds at Stanford.
And take Jorge the Mexican with her.
Rice is a complete sell-out...and her capacity to recognize communist duplicity for the sucker punch coming is NIL
Actually, the US is still the largest exporter when taking into account goods AND services.
It's just alot of people in the US are dissatisfied with what is being purchased and what is being sold. Americans, as well those in other developed nations, tend to purchase consumer items. Things that will be used for awhile and then discarded. People in fast developing nations, tend to purchase, to a greater degee, investment items, such as heavy equipment, computers, etc. And consulting services such as engineering and consulting firms. That is why it appears there is a shift of wealth. But in reality, there isn't a shifting of wealth, merely a creating of wealth in the developing world by satisfising the consumer appetite of the developed world.
We see that even in American colleges and universities where there are alot of foreign students. They are purchasing an American education, which, is a service and an investment item.
So, in reality, much of the world is buying American.
American ecnomy is even more depended on export than China’s.
I had not read that anywhere, but I'm willing to bet it is true.
The US is more entrenched into the global economy than China is. And China is mimicking the US by increasing trade deals with countries around the world.
“I had not read that anywhere, but I’m willing to bet it is true.”
Here you go. It is posted on free republic before. The article “An old Chinese myth” from Economist clearly states China’s economy is not huge depended on exports.
http://www.economist.com/displaystory.cfm?story_id=10429271&fsrc=RSS
“The American government frequently accuses China of relying excessively on exports. But David Carbon, an economist at DBS, a Singaporean bank, suggests that America is starting to look like the pot that called the kettle black. In the year to September, net exports accounted for more than 30% of America’s total GDP growth in 2007. Another popular belief looks ripe for reappraisal: it seems that domestic demand is a bigger driver of China’s growth than it is of America’s.”
Interesting article. I've heard of that before, that alot of the value China exports has alot of imported components.
One thing I've always believed is that trade does NOT transfer wealth from the outside world into China. Rather, it gives the Chinese experience to learn to conduct business. And as they learn how to practice one type of business, they move on to another and in many ways forgoing the original business that they are learning. I read an article that alot of low cost factories (in the thousands) are now shutting down in China and moving to cheaper locations such as India, Vietnam and Indonesia. And the government is not helping them out (the low cost factories). That's because they want the workforce to move on to a higher value added industry like technology.
I agree with you in most part. Just a side note, China’s labor wage is far from the cheapest among developing country. it beats other countries with a relatively cheap and skilled workforce.
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