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When you look at the United States you see a multi-trillon dollar nation with booming economics a population growing rapidly and a steady government body When you look at China you see a less developed country with a very large population and a very poor country Chinas 1997 per capia gross national product is 860 making it placed in the lowest twenty-five percentile of all countries of this world What no one can take away from China is the fact that they are one of the worlds fastest-growing economies They have expanded on the average 116 annually 461 Yet still China is still considered one of the worlds less developed countries That is one of Chinas biggest problems they have so many people living in such a condensed place but they still have a booming economy China is trying to be admitted into the WTO Which stands for the World Trade Organization The World Trade Organization feels that China would not be well represented in the WTO and would not be a good asset to the Organization The argument between China can go either way You can argue that they should be admitted into the WTO Or you could say that they do not have what it takes to be in or that they do not have the qualifications that all the rest of countries do But also you can look at the idea that they export close to 76 billion dollars in 1997 just to the United States Which is another good and bad situation The problem with China bringing so many of their goods into the United States is that we have to pay for them and they can sell them cheap because what they do is make them in mass quantities and then sell them to the United States Instead the United States should be making the goods that they do and sell them just in the US so that we
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