Why does the United States rely on China?

The U.S. depends heavily on China for providing the low-cost goods that enable income-constrained American consumers to make ends meet. The U.S. also depends on China to support its own exports; next to Mexico and Canada, China is America’s third largest and by far its most rapidly growing major export market.

Does China’s economy depend on India?

India invests about 30 percent of its GDP, compared with about 50 percent in China. Manufacturing is about 20 percent of the Indian economy; it is about 30 percent of China’s.

Who is good India or China?

Still, China has India beat when comparing economies. Currently, China’s economy is estimated to be five times larger than India’s. China also continues to have higher economic growth rates each year as well as a higher overall GDP and income per person.

Is the American job better suited for a Chinese native?

This would seem to be a job better suited for a Chinese native, but he believes that the American company he worked for placed greater trust in someone from their own country. There are also many industries that need Americans and Chinese working in tandem.

What jobs can Americans and Chinese workers work together?

There are also many industries that need Americans and Chinese working in tandem. Most familiar to readers would be that of education consulting, in which American college grads helping Chinese students get into U.S. colleges. A third of our interviewees either currently work or have worked in this industry before.

Is China really stealing American jobs?

Summary. China is often accused of stealing American jobs and intellectual property. Big-picture data, according to measures tracked by the Long US-China Institute at the University of California, Irvine show a different picture. The U.S.-China relationship has created…

What can you do with a degree in Chinese?

A number work in jobs that are reserved for Americans but require proficiency in Chinese. About a third of our interviewees, for instance, currently work for or have worked for the U.S. government. Such positions often involve doing research on Greater China for the State Department or Congressional committees.