Daily Revolt

January 26, 2007

China Economy Booming at Expense of America

Its no coincidence that China's economy is booming. For decades now multi-national corporations have been flocking to that country to take advantage of cheap, repressed labor. It seems that any product label you look has "Made in China" written on it. This means that good paying, middle-class jobs have been outsourced the Mainland. And that's just fine with the corpocracy in America:
China reported Thursday that its sizzling economy grew at its fastest rate in a decade last year as the government struggled to contain the strains of an export-driven boom.

China's economy is now one of the largest in the world:
The economy grew by 10.7 percent, moving China closer to overtaking Germany as the world's third-largest, according to figures issued by the government. It was the fastest rate since 1995, when the economy expanded by 10.9 percent.

And what is China doing with some of that new found wealth? They using it develop weapons that intended to attack the West.

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