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Monday, October 09, 2006

Has Capitalism Made China a "Better" Country?

The Peoples Republic of China was, for decades, one of the bad boys on the international scene. For years this country was largely isolated from the rest of the world and financially supported mayhem against the West (and the US in particular) every opportunity it had. With the recent acceptance of capitalistic elements with this country's long communist stance, China has found itself increasingly respectable. Fear that their customers all over the world will question it as a reliable source of goods because of its proximity to N. Korea, China is holding N. Korea accountable in its recent efforts to become a nuclear player in a way it has never done in the past.

Most people don't realize that China has long been North Korea's chief sponsor in terms of military and financial support. China's shift to saying that the wayward country must be held accountable is unprecedented in and of itself. When they hold N. Korea accountable through its actions, this will truly be a brave new world.

China as an ally in dealing with wayward countries such as N. Korea is a direct result of free trade and is one of the latent benefits of "exporting jobs" to this country. China's prosperity has made it possible for them to become a better part of the international community and we are all the beneficiaries of it. At 4.6 percent unemployment and goods at a much more affordable rate, it is well worth the trade.

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