A little over two years ago, while the U.S. economists still held the illusion that our economy was strong, I posted: Why China Subsidizes Us.
Wealth is but a means to an end. The U.S. might want to ask, "The end of what?"
[click on picture to enlarge]
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Subsequently, I posted China Replacing The U.S. and Now We Know Why China Subsidizes Us.
Fortune magazine's October 26, 2009 issue has a couple of articles titled "It's China's World. (We just live in it)" and "China Buys the World." Right now the online version doesn't have the full story which includes a very extensive chart of China's worldwide activities [a steroid version of the chart above], so you may want to consider buying it. But you can get the earlier edition by reading the links above.
Fortune magazine's October 26, 2009 issue has a couple of articles titled "It's China's World. (We just live in it)" and "China Buys the World." Right now the online version doesn't have the full story which includes a very extensive chart of China's worldwide activities [a steroid version of the chart above], so you may want to consider buying it. But you can get the earlier edition by reading the links above.