I wonder how this current relationship will affect future relationships with China. I believe that while it does not empower our nation at the moment, this might instead entice these ideological opposites to become allies. This might be a very good, or a very bad thing depending on how you view a hyperpower squared. If the United States and China worked together in a symbiotic relationship, the two countries might benefit more than ever before.
Regardless of how this friendship turns out for the United States, I think it is a very good move by China to purchase our debt. This will enable China to have a stake in the most influential nation in the world. This might be a little scary for the average American, but this is just standard politics.
This alliegance will affect companies as well as nations around the world. Whether or not a company will prosper from a good China-US relationship. Google might not exactly prosper or even tolerate China's decisions if China tries to control the stream of information going through Google every day. Google is looking to provide the user of their search engine with as much information as possible without any roadblocks.
Companies that could use China's cheap labor force might really prosper from this relationship, because it would make outsourcing to China that much easier. A problem that I could see with China down the road is their violation of human rights, especially when it comes to their own citizens. I would not want to live under a system built upon fear.
http://www.hulu.com/watch/110317/saturday-night-live-china-cold-open
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