Friday, August 20, 2010

Why China Is Not A Threat.

Jonah Goldberg does a great job of explaining why the latest news about China passing Japan is not that big a deal.

see the article at Townhall.com

In fact, per capita income is lower for China than it is for many African nations. The last I saw, China was #99 out of about 185 countries in terms of per capital income. That is no threat to the US. Of course 1.3 Billion people can produce a lot of cheap plastic garbage. However, I don't think many people would trade their middle-class lifestyle in the US or Japan for that of middle-class China.

In addition, a rich China does mean more markets for US goods and that's a good thing. So a strong China is good for everyone even if it means they are more competitive with the US for world domination. Rising standards of living in China do not have to mean a zero sum gain or a reduction in US standards of living.

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