Its as if they don't know, China is not going to be a ******** country forever, sure they will become more of a world power, and with that, wages will rise, their economy will rise, as will their debt. Once China becomes too expensive for us, we will move on to the next third world country to make our goods. The problem for china there is, once we move all out factories out, what will they make? No one wants a Chinese car, or a Chinese Computer company, sure they make them, but Apple is what the consumer is after. American brands are what the world-wide consumer is generally after. Apple, Nike, Pepsi, Coke, etc. But I couldn't name you one Chinese built car, or a chinese shoe brand, or a chinese soda. One thing America had going for itself was during our industrial revolution, is we didn't rely too much on another country like China relies on our money. We were pretty independent. We instituted in this century brand names that will be around for a long long time, China isn't doing that. Their relying on our work, but once thats dried up, where will China's innovation and ability to stand on their own come from? I hope they have it, because Knock-Offs can only get you so far.
China is going to have to start becoming independent and creating a 'from within' economy, not one thats simply built off making products for rich 1st world countries. That being said, they also need to stimulate internal job growth, I couldn't imagine how much of China's work force relies on jobs that are shipped there from other countries.
Which brings me to a thought, I find it funny how much people have a distaste for America, they don't like Americans, don't care for its people. But they have such a boner for our culture. They wear our clothes, eat our food, listen to our music, love our companies, and yet tell us to **** ourselves. Don't they realize thats the epitome of American? Raping something for all its worth, then giving it the middle finger?