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Q.

How Communist China have good business ties with Capitalistic America ?

Tags: careers, education, america
Asked by anantharaman, 27 Oct '09 10:38 pm
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Answers (6)

 
1.

A brilliant Question SIr! The University of Chicagos Christian Broda says U.S. trade with China has reduced prices and mitigated inequality. Inflation for the richest 10 percent of U.S. households, which tend to spend more on services, was 6 percent higher than inflation for the poorest 10 percent, which tend to spend more on nondurable goods, the type of goods often imported from China and sold at Wal-Mart.in the sectors where Chinese imports have increased the most (especially nondurable goods such as canned food and clothing), prices have fallen dramatically. They estimate that about one-third of the price decline for the poor is directly associated with rising imports from China. In the sectors where there is no Chinese presence, Broda says, inflation has been more than 20 percent.Expanded trade with China has, in fact, been a blessing for large U.S. multinationals like Boeing, Caterpillar, and Cargill, which had trumpeted the prospect of a massive Chinese market for American produ ...more
Answered by inquisitive, 28 Oct '09 12:22 am

 
  
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2.

There lies their forte...!
Answered by Dil Se, 29 Oct '09 12:30 pm

 
  
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3.

It is on either communist Capital/ or Capitalist Commune basis.
Answered by Santiranjan Pal, 28 Oct '09 11:42 am

 
  
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4.

So far as I feel China show & and adopts Communist with their public & other contries but in actual their internal lobby adopts Policies apply by good diplomatic capitalistic one like for own benefit only.
Answered by Dhuni, 27 Oct '09 10:55 pm

 
  
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5.

I think it is an open secret AR ji: China needs American mkt to dump itssubstandard products A-Z-30% of US investment is in teh China Amrican Bonds are bought by Chinese and their holding is more than 30% Treasury bonds So they need each other for thier survival
Answered by SriniVenkat, 27 Oct '09 10:42 pm

 
  
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6.

According to boths countries need
Answered by kamal purohit, 27 Oct '09 10:38 pm

 
  
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