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With the expiration of textile quotas it is expected that the Chinese will gather a large share of the global textile production.
Jobs in the United States and in Europe will be affected.
Is the growing Chinese economy a threat to the United States either in the short or long term?
Can the United States cope with the coming changing of the economic guard (China the number 2 economy supplanting Japan or maybe overtaking us)?
Will the growing economy of China force civil strife in it (due to a restrictive totalitarian government)?
Will the Chinese government flex it's growing military muscle (if for no other reason than to distract a growing move for a more liberalized form of government) and if so who besides Taiwan will they threaten?
What will/should Japan do?
Same for India?
How fast do the Chinese intend to move (bear in mind that recently they have been all over the world making trade deals)?
Lastly the Chinese have announced recent trade deals with South American countries such as Argentina, Peru, Venezuela, how concerned should the United States be if at all? What actions should we take?:think:
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