Saturday, October 04, 2008

China and US Relations

Since China's rise as a communist nation in the late 1940s, the relationship between the United States and China has not been that of any other major powers that the US has relations with around the world. For a while the United States did not even recognize China as a foreign power, because of their communist ideology. The United States had recognized Taiwan as the Peoples Republic of China and still to this day the United States has a great relationship with the Taiwanese government.

However, since the economic explosion in China, the relationship between the two nations has had to improve. Both economies over the past 30 years have had to become interconnected with one another. Today many US companies have invested heavily in the booming Chinese economy. Though, this investing in China's market has led the United States to loose some ground in the playing field as a economic hegemon. The United States has amounted a very large trade deficit with the Chinese. Though, it has opened a large trade deficit the US is highly depended on China for there economic productivity. That is why I believe that the relationship between the US and China will continue to improve, because both nations need each other to invest economically. I do not foresee and major relationship because both want economic prosperity.

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