In Zakaria’s book he discusses how China and India are making big impactions on the worlds economy. He states, “One way to think about India and China is as two great global deflation machines, pumping out goods (China) and services (India) for a fraction of what they would cost to produce in the West”(43). Zakaria argues that China pumping out goods is a good thing and that it will benefit their economy as well as countries economies that rely on trade with China. But, what is...
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Lim, Louisa. "Arrival of Industry Brings Suffering to Countryside." NPR. NPR, 19 May 2006. Web. 30 Mar. 2014.
Amadeo, Kimberly. "How Does China Influence the U.S. Dollar?" About.com US Economy. N.p., 27 Jan. 2014. Web. 30 Mar. 2014.
Wu, Bin. Yao, Shujie. “Empty Villages in Poor Areas of China.” The University of Nottingham China Institute. N.p., Jan. 2010. Web. 30 Mar. 2014.
Zakaria, Fareed. The Post-American World: Release 2.0. New York: W. W. Norton, 2011. Print.
Lechner, Frank J. Globalization: The Making of World Society. Chichester, U.K.: Wiley-Blackwell, 2009. Print.
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