The United States And China

1650 WordsJul 31, 20167 Pages
The chairman has just requested that you relocate to Shanghai - or face losing your job at the company. Apparently, transferring activities to China provides the firm with the greatest chance to succeed. This in spite of the US branch’s ‘excellent performance’ over the past few months. As expected, you are visibly troubled and wish to relieve some tension for the time being. Unbeknownst to you, the stress ball that you reach for, the water bottle that you sip from and the cut-price pillow you lay your head on were all direct results of the ever so famous ‘Made in China’ Initiative. More and more Americans are becoming familiar with this type of scenario and in every case, the inconsistency underpinning their country’s connection with the world’s newly emerging superpower is clear to see: America’s prominent economists have expressed the need to preserve its position at the top of the world order (and thus above China), but the fact that its economy would be significantly less efficient without the growing activities of the Chinese is not taken into consideration. Given that China recently surpassed the US in terms of GDP based on purchasing power parity (Bird, 2014), some anticipate that the days of uncontested American hegemony will soon cease, as at least something can be stated with confidence – the world’s economic centre of gravity is already on the move. Ironically, politicians have seldom acknowledged the critical influence on the American economy of China’s growth;

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