James McKee

China and US Relations Strained



Posted: Sunday, January 23, 2011

by James McKee
http://www.forex.tradingcharts.com

Despite all the courtesy and professionalism being displayed by both Chinese and US officials alike both countries are feeling the strain of a continued, faulty trade arrangement between them.  A new issue that is arising from the bargaining table is that of China importing more goods from the US.  That’s right, China would like to stop producing much of what they are producing and shift those activities to US soil.  While this might seem like a good idea we must bear in mind that our production methods will have to match China’s cheap cost of production while maintaining quality.

The United States has been a far-too-hungry importing nation for so long now that the US is paying for it by way of national debt.  This recent shift in China’s own production goals will leave the United States with the opportunity to begin making things again, although what this truly means is lost in translation for many Americans.  America has long forgotten the cost associated with the assembly line, not only financial but also spiritual and emotional as well.  Americans and much of the western world no longer wishes to construct or build things, we have taken on a very entitled paradigm.

If you ask many Americans how badly they want or need to work they will emphasize their desperation and say that they are willing to do anything they must to make a buck.  Those on the forex currency exchange should stay tuned with regard to the production goals set forth by the United States.
Author is a Forex trader and financial analyst residing in Denver, Colorado. To stay up to date on all the latest developments in the financial world and beyond be sure to check out the forex exchange rates regularly.
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Top-level comments on this article: (1 total)
» left by Jennifer Stewart
 1 year 102 days ago.
152 fans.
I don't like China, the way it produces such cheap goods - because people work for slave wages. I really don't like the rest of the world trying to compete. We've all had enough of slavery.
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