Saturday, December 1, 2012
Chinese and Americans Interdependent
Today we finished the video on how America and China's economies are interdependent with one another. For example to make one prat sofa the materials are shipped between China and America. The cotton is picked in America then shipped to China to be made into the material. Then the material is shipped back to the United States to be stuffed into the sofa. The wooden frame of the sofa is made in China but then sent to America to be attached to the fabric part of the sofa. In China the labor works hard for less money. One man is a scientist, and he pays for one-fifth for ten times the amount of space for his lab in China. Because Chinese workers get paid less it is hard for some families to make a living. One Chinese family makes around 575 dollars a year for growing lotus. They choose to pay to send their daughter to a good school which cost about half of what they make a year. In China they like to buy from American companies because they like the quality.Walmart to Americans is a place where you get a deal and to Chinese it is an upscale store.
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