Pendragon_6
07-03-2005, 10:11 AM
Saul Landau - 6/30/2005
A century ago, U.S. policy planners looked to a then weak and divided China as the answer to the country’s future trade and economic problems. Anxious exporters implored President William McKinley to act because “the Chinese market rightfully belongs to us,” a member of the Riverside ( New York) Republican Club told Secretary of State William Hay.
This low-wage labor source and vast potential market to the east would also supposedly solve the periodic depression problem, which in 1893, shook the country’s economic structure and motivated the elite to think about how expansion eastward would resolve that issue.
-snip-
Latin American Invasion
To demonstrate how China ’s strategic position has changed in the last two decades, the Embassy official explained that China not only captured the U.S. consumer market, but has invaded Latin America, a region that the U.S. has traditionally dominated.
In Full
Global Politician (http://globalpolitician.com/articledes.asp?ID=939&cid=5&sid=30)
A century ago, U.S. policy planners looked to a then weak and divided China as the answer to the country’s future trade and economic problems. Anxious exporters implored President William McKinley to act because “the Chinese market rightfully belongs to us,” a member of the Riverside ( New York) Republican Club told Secretary of State William Hay.
This low-wage labor source and vast potential market to the east would also supposedly solve the periodic depression problem, which in 1893, shook the country’s economic structure and motivated the elite to think about how expansion eastward would resolve that issue.
-snip-
Latin American Invasion
To demonstrate how China ’s strategic position has changed in the last two decades, the Embassy official explained that China not only captured the U.S. consumer market, but has invaded Latin America, a region that the U.S. has traditionally dominated.
In Full
Global Politician (http://globalpolitician.com/articledes.asp?ID=939&cid=5&sid=30)