By Erik Luther and Janell Rodriguez
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Extra resources for Introduction to Multisim Schematic Capture and SPICE Simulation
14 If the Department of Labor is correct, the prospects for a rich export economy based on an expanding knowledge-based industrial sector are not bright. S. S. economy more than official statistics reveal. S. firms tends to create a phantom gross domestic product. If so, official calculations about the size of the United States’ GDP are off by about $66 billion and the United States’ growth rate is lower than Washington is telling us. China, in the meanwhile, continues to grow stronger as it spreads both its economic and political influence throughout Asia and the developing world.
While the United States’ economic underpinnings erode, China is quickly becoming the world’s dominant economic power, one with a very aggressive temperament. But why would China play such a dangerous game of brinksmanship with Washington? Would it actually pull the trigger? The answer to that crucial question requires some understanding of the Chinese psyche. Most Westerners, unfortunately, have little knowledge or appreciation of China’s proud new mentality. S. citizens. The important fact is this: China does not want to be seen as a threat, but it will not tolerate being threatened.
Indd 16 2/22/08 8:31:38 PM Sunrise in the East 17 milestone much sooner. We also expect the market for appliances, especially luxury appliances, to increase. And there is little doubt that demand for automobiles, oil, energy, cell phones, and housing will continue to rise exponentially as millions of Chinese migrate to the major cities and join the nation’s capitalist revolution. Rising Economy, Hidden Dragon The statistics we read in the newspaper can be misleading in a country as large and diverse as China because they paper over the wide gap between urban wealth and rural poverty.
Introduction to Multisim Schematic Capture and SPICE Simulation by Erik Luther and Janell Rodriguez