This is a "must-read' article for anyone concerned about the realities of China as an economic powerhouse and what it means for America in this century.
Meanwhile, we are bogged down in the 'must win' war on terror which China does not have to endure.
There are forces at work here beyond the ability of politicians to control, despite their rantings and ravings about the loss of American jobs. To keep them honest Bush, Kerry and all our members of Congress should be challenged about the China reality.
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One excerpt below from the article by Ted Fishman in the Times Magazine July 4, 2004"
"In the political debate over trade and jobs, China is the place where the world's companies choose to exploit low-cost manufacturing. The framing of this debate implies that American consumers and businesses have strong choices in the market; in fact, China, supplying ever more goods as it does, in ever more varieties and at ever better prices, is straitjacketing the choices of American businesses. China's size does not merely enable low-cost manufacturing; it forces it. Increasingly, it is what Chinese businesses and consumers choose for themselves that determines how the American economy operates. The American political debate on China's economic threat overlooks this dynamic entirely."
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