China Quote by Neil Bush
“Globalisation, and specifically our connectivity to China, has contributed to a sustained growth in the U.S. economy, has led to full employment and has benefited consumers with lower-cost, high-quality goods.”
About This Quote
Source Speech: Economic Forum, 2005
Connectivity with China spurs U.S. growth, full employment, and cheaper, higher-quality consumer goods.
In simple terms: Trade with China boosts US economy and consumer benefits.
Key Takeaway
Leverage global links for prosperity.
Themes
globalization
trade
economy
employment
consumer welfare
Mood
optimistic
pragmatic
Type
policy
economic
When to use this quote
- business strategy
- policy making
- consumer budgeting
Key Concepts
supply chain
comparative advantage
market integration
Questions to Reflect On
- How can we protect domestic jobs while embracing trade?
- What safeguards ensure quality in low-cost goods?
A Different Perspective
Benefits may be uneven; dependence can create vulnerabilities.
![“[The Dalai Lama] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could, and still things get worse in Tibet." If you look at it from one point of view, as he himself says, his monastic position of forbearance and nonviolence hasn't reaped any…” quote by Pico Iyer](https://sms4smile.com/quotes/img-quotes/9fe/pico-iyer-1252_benefits_the-dalai-lama-told-me-some-years-ago-i_678.jpg)
