The competition between the US and China seems to be warming up, since the recent economic disaster in many markets has both countries on an even playing field in a variety of industries.
Production was once dominated by the United States from the early forties with large amounts of bombs and ammunition for WWII to production to the late 70 's, when about industry began to die in the US slowly until this recent economic recession all threw in a downward spiral that many economists for a long time.
The United States continues to try to hold on to what they have left of the processing industry, but with the great Chinese investment in their own production and a lower minimum wage and almost non-existent health and safety standards the fight. In many ways, the United States almost debt for nearly two decades now the Americans for the most part have opted for the cheaper product made in China about the product that is usually more expensive, but at home was created.This has taken a toll in the years to come, where many companies have has shrunk so much they can not compete because if your products are not in large bulk up then the prices have to go with them than something completely out of business. If this is not bad enough on the stock market in China is to create an almost limitless investment machine that is referenced in the article "China's growth enterprise market." If this trend continues, the United States have made substantial changes even compete for a small market share with China and so many other countries of East Asia.
The United States has a unique opportunity for me as they can large plants for the production of things like green or clean technology that can't be outsourced. this market was booming at one point, but has recently somewhat faded due to many other pressing issues.If the Americans can not only some of this technology, but can be for the manufacture of right in their own country would be another tree, but right now they are years behind countries such as Germany, the Czech Republic, Denmark, Japan, and even in this area.
If there is a chance that the United States back on their feet production mode can compete with China needs courageous innovation and a little bit of chance, new industries, because at this point, you can not compete with someone who is making the products more quickly and for less money.
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