China is causing major problems with the Amercian business. The United States must find ways to compete with China or learn to go with the flow of what is happening to America. China is dominating low cost production in many products.http://www.businessweek.com/magazine/content/04_49/b3911401.htm
The Chinese are selling their products anywhere from 30 to 50 percent less than what Americans can produce the same product. This is causing many American businesses to go out of business. However, these business men say that consumers would be smart to buy the Chinese products over their own because of high quality and low price.
China's work force is thriving on low wages all across the board, while the workers are putting in 12 hour days and working weekends. China is also set up to produce economies of scale in its domestic market.
Another big boost for China is the young students who perform in areas needed for the economy to continue to grow stronger. Students are studying engineering, business, math, and science much more than any other country, especially America. the future is bright for the Chinese people and they are willing to do what it takes to be successful.