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Thread: When China speaks, the world listens
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[quote=CANADAGUY,254148]>>I heard a saying: " when China sniffs and sneezes, the world catches a cold". This might be an overstatement. However, it does reflect the important role that China has played in the international economy to a certain extent.<< There's no question at all that in addition to its booming economy, China is now a major player in the international economy. It's already beginning to show the rest of the world how it can affect other countries' economies simply by adjusting its 'investment portfolio'. >> Taking a fulll consideration of both natural resource and population, Canada has a comparative advantage over China and USA. << You got it right there! But we need to be very polite and politcally correct with our neighbour to the south, because if they ever come on really hard times, resource-wise, they will simply come into Canada and take what they need. Or start a war in an oil-rich country, or.... As long as things are going relatively well, econominally-speaking, for the U.S., we need not fear for our country or resources. But watch out if the standard of living starts to plummet in the U.S.! [/quote]
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