IN THIS SUMMARY
Within the past 10 years, China has evolved from a third world country into one of the most economically powerful countries in the world, second only to the United States. With China’s government-backed development of industry and excellent trade balance, they are on the path to passing the U.S. and becoming the most powerful nation on earth. The United States’ continuous outsourcing of jobs, weakening industries, and consumer focused culture are crippling the country economically and increasing the need for imports from China, further boosting Chinese industry. In Chinamerica, Handel Jones outlines what China is doing to further itself as an economic powerhouse, and what America can do to further its economic future while maintaining positive trade balances.