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How is the economy in China affecting the U.S.?

asked by st (61)

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Tags:  economy  united states  world

answers

Most of the product that consumers buy in the USA is imported from China. If the Chinese economy is doing poorly, then the amount of Chinese products we would have available in the US. This may cause prices on certain items to rise, but would overall support the American economy more, improving our own conditions at home.

6 votes

As the United States ran up a deficit importing Chinese goods, the Chinese government ensured their export market by buying US Treasury bonds. As the US stopped buying so many Chinese products, the Chinese factories are laying off their export industry workers. This slows down the Chinese economy in a way their government has difficulty helping.

5 votes

It is affecting a great deal. We continue to get poor quality products from China and this has caused us to be skeptical on what we buy. Which is bad for sales. We need to read the labels and buy accordingly. The consumer plays a big part in this and we need to buy USA made.

reply
posted by Latin4 (7000)
4 votes

Whith China's Economy booming and things at an all time high it puts the U. S. at their whim. We rely on China for many products and they can end it all in a flash. We're willing to pay alot for the intem imported to us and they can up those prices easily.

4 votes

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