Will China Takeover USA?
Written by William Hushburn on Sunday, January 23rd, 2011
USA has been marked to be the world’s number 1 in economy. This past few years it has been also known to all that they were struck by the great recession. Most of its big businesses were forced to cut their expenses down by transferring to a smaller place, lessen their employees or worst close their company. Some of them were able to get a new job immediately while others are still wanting for an unemployment extension because no jobs are available for them.
On the other side of the globe, there is this one country which has been silent these past few years. In fact, it is named as the sleeping giant or China. It seems that the giant is already awake. They shocked the world with how things have changed in them and how far their business sectors have reached.
Now that USA is currently recovering from the recession, China seems to be taking over. Just this week, China’s President Hu Jintao visited USA and had a conference with President Obama and some of the country’s CEO. There has been a lot of business offers and deals which could generate billions of profits and thousands of jobs. Everyone knows that both leaders are clever when it comes to business deals that’s why it has been intriguing who’s going to emerge on top. Will USA remain to be the world’s number one or China will take over?