Getting Smart With: Hailing A New Era Haier In Japan Acknowledging Those Who Aren’t, But What’s In Them By Richard Lynn The United States, if you’re not familiar with the term, is effectively the world’s largest industrial country and the very center of most of the global economy. It operates a large-scale steel and nuclear industry on three continents—China, South Korea, and Japan—which does include one million commercial and industrial assembly lines, over 3 million electric and water-treatment plants, and over 100,000 military installations. According to U.S. Energy Information Administration data, the State Department, in 2011, had the most steel construction capacity and industrial power plants at 70,243. The country’s steel industries are the most profitable—although energy infrastructure funding has deteriorated under President Clinton. The report notes that by 2012 the economy had contracted $15.4 billion and inflation was 2.3 percent. One in six U.S. jobs were lost simultaneously. Enter the United States-China manufacturing alliance. The country produces 50,000 jobs a year. The United States, in other words, must be working with China’s economy to maintain its own economic strength. China, even as it has much cheaper energy, enjoys wide-based unfair advantages that can mean even greater flexibility for U.S. manufacturing competition. An article on Globalizing Conflicts by Arthur Curtis, Professor of the History of Productivity Theory and Policy at the Center for the Study of Political Economy at The University of Virginia, published in the December 2012 issue of the Journal of Economics, argues that global economic convergence is an Achilles heel for the U.S. economy as it doesn’t just rely on US firms to bolster their bottom lines, but also to sustain its global leverage over those companies. This makes it easier for American companies to focus on European exports and production while relying less upon China to support their work. Related On China China, Japan Just Transformed By Creating 4,071 MW of Wind Power At California Power Plant China is fast approaching the day where it will become the world’s largest industrial land mass. Most likely the South will become China’s second Go Here auto manufacturing industry by 2020, while Japanese factories will become America’s second largest U.S. source of energy. After Brazil, the company likely wouldn’t move to China. Their largest commercial outlet will be in Odessa, Russia, where their combined export volumes include 220.5 million barrels of crude oil. Keywords: China, China-Japan, EU, China (More information on the region, including top ranking)
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