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China, China, China – what’s the big deal?
Why is everyone going on and on about China constantly?
Okay, so they own billions (or is that trillions) in American securities, currency, whatever.
And they make lotsa stuff.
Like NFL beach towels and stuff.
Yeah.
Okay.
It’s not like most people wish to work on an assembly line in any case, making trinkets and curios for Walmart.
But whatever.
All right, so it’s not just NFL beach towels that they make.
It’s that they are also climbing up the food chain, making stuff that’s more and more high-value, such that good-paying jobs may be the next to go.
They’re hardly making textiles any more – notice that a lot of the clothing nowadays come from even more amazing locales – like Indonesia and Sri Lanka?
In fact, to be fair, it isn’t NFL beach towels that anyone’s upset over.
It’s the fear that aircraft manufacturing might be next!
Already the Chinese government is on record as gunning for leadership in green energy products for example wind mills and solar panels, and already they are well on their way in direction of dominating those industries.
But must it be a zero-sum game?
Does China’s rise equal everyone else’s loss?
Put another way, are they basically gobbling up ever more slices of the pie – or may Chinese ascendancy grow that pie for everyone involved?
Well, speaking of the NFL, it’s interesting to compare and contrast that sporting league’s business decisions with that relating to the NBA.
Basketball is growing in popularity over there while years ago an organized exhibition game of American football was canceled practically at the last minute.
If this serves as any indication, it may be that being in place surpasses lodging on the sidelines!
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