Economic Issues regarding China

China remains a concern to the United States and the world, in general. So much is happening so fast with an authoritarian capitalistic system that it is hard not to be concerned about its impact.

My concerns were centered on the amount of American debt they have purchased, the lack of a consumer-oriented economy, and the need to maintain stability in their society to avoid some form of political chaos.

Robert Reich had captured my concerns and more. His blog is worth reading. He lists multiple reasons why the Chinese save so much compared to other nations. He enforces the well-known idea that China is interested in a free market economy since they are committed to dominating it. National concerns regarding the value of their currency is relatively a low priority for them.