Unit 1: Lesson 1

It appears to me that the 19th and 20th mind state of China was all about China being self-sufficient. There was no need for the Western way of life (or any other outside influence) to affect any part of Chinese life. That appears to hold true today in an article I found on Independent.co.uk.

In the article entitled “China’s growth hits 11.4% but price rises cause alarm” it appear that China continues to have no regard for the West. Their growth is predicted to go unaffected by looming threat of a recession in our country. Jonathan Anderson, a market economist, goes so far as to say “China will still be well insulated at home in a US recession scenario”.

Holding true to the their old beliefs, I feel China is a bit delusional on the impact the American economy will have on their own. The overwhelming number of exports from their country to ours (should we truly end up in a recession) will be greatly affected and in turn affect China. Although still defiant at the need to rely on others, in our current world they may have no choice.