Text
American 1 groups are afraid 2 competing with Chinese imports, because more and more American consumers begin to find Chinese goods a much cheaper 3 . So they 4 this political view that China’s rapid growth is not a blessing 5 all concerned. Instead it was being thought as a force threatening other Asia 6 and America’s too.
President George W. Bush "encourages the 7 of money, industrial capacity and technology to China that will 8 its development but will threaten the US and its 9 ", charges William Hawkins, a supporter 10 protecting US business and industry. Then there’s also people saying that China’s 11 is basically 12 every one else’s loss. An increasingly globalized and modernized nation of 1.3 billion is not a win-win for almost everyone. It’s a losing situation for every-one, 13 for China.
That’s absurd, I think.
Sure, China’s 14 in Asia are 15 about Chinese competition and they know they have to work 16 in order to compete with China. 17 , it is unnecessarily sending scare by imagining that economic growth will be greatly reduced, domestic stock markets will get 18 and employment levels will become lower. Certainly, China’s economic progress will cause some 19 moments. But, on the whole, Asia and the rest of the world will benefit 20 China’s success.