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American
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groups are afraid
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competing with Chinese imports, because more and more American consumers begin to find Chinese goods a much cheaper
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. So they
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this political view that China’s rapid growth is not a blessing
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all concerned. Instead it was being thought as a force threatening other Asia
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and America’s too.
President George W. Bush "encourages the
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of money, industrial capacity and technology to China that will
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its development but will threaten the US and its
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", charges William Hawkins, a supporter
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protecting US business and industry. Then there’s also people saying that China’s
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is basically
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every one else’s loss. An increasingly globalized and modernized nation of 1.3 billion is not a win-win for almost everyone. It’s a losing situation for every-one,
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for China.
That’s absurd, I think.
Sure, China’s
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in Asia are
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about Chinese competition and they know they have to work
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in order to compete with China.
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, it is unnecessarily sending scare by imagining that economic growth will be greatly reduced, domestic stock markets will get
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and employment levels will become lower. Certainly, China’s economic progress will cause some
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moments. But, on the whole, Asia and the rest of the world will benefit
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China’s success.