Besides stealing or imitating USA technology, what have they done?
They manufacture more than the USA, but, in US Dollar output, one USA industrial worker produces FOUR times as much value as one Chinese worker.
From memory, Chinese industrial out put is about 10% higher than the USA.
However, the USA has roughly 15 million industrial workers, and the Chinese have at least 75 million industrial workers.
We run a (massive) trade deficit with China, have been for DECADES.
America is selling our own future, for cheap imports.
We run a (massive) trade deficit with China, have been for DECADES.
America is selling our own future, for cheap imports.