Small Business Battle of US and China

It turns out that the Chinese are incredibly superior businessmen, and one would have thought living in such a strained out and socially strict cultural society in the past, would have prohibited that from going on. But times have altered and the people of China are in fact often considered more improved capitalists than the citizens of the United States. There have been many business people come from rags to riches and become billionaires in the People’s Republic of China.

However, the best thing that is happening now and coming quicker than ever before, growing at a rapid pace is the rise of the Chinese small business social class. They are starting small businesses on the internet, small businesses on the street corners, and many are showing no fear in their pursuit of large money. This is a prosperous series of time for China to take advantage of on their small commerce power.

Most people do not understand it but in the United States seventy-five percent of the nation are employed by medium to small businesses and ten percent of the residents own a business. The USA is small-business, and it really is the spine of our financial system. Some people believe that the big corporations are the ones that make our market so sturdy, but that is not really even close to the truth. It is the small and medium size companies that make the disparity.

Even though the United States is still one of the top economies in the world they are quickly being downgraded due to the economy collapsed and the spread of capitalist globalization. Many experts predict that within around ten to twenty years the Chinese GDP will surpass the United States and will keep growing trending towards the positive for the next twenty years after that. For those living in the United States it may be of worry as the dollar is also being downgraded but in all reality the whole words business arena is changing and every country will have to adapt or be left behind. The United States has always been known to adapt to situations especially with business so it will be interesting to see which country emerges as the powerhouse of the 21st century.