Activist Post: 40 Ways That China Is Beating America
How did this happen? Opinions anyone?Notable stats
#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
#5 China has more foreign currency reserves than anyone else on the planet
#6 China is the number one gold producer in the world.
#7 China is also the number one gold importer in the world.
#8 The uniforms for the U.S. Olympic team were made in China.
#11 The new Martin Luther King memorial on the National Mall was made in China.
#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.
#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government. The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese. Smh