Thursday, November 8, 2007

Viewpoint -- What's the Real Threat To U.S. Manufacturing from China?

To clearly understand the competition between the manufacturing sector in the U.S and in China, we need to look at some basic facts.By Mike Carter, Sr. Engineer for Questline, a service of Tech Resources, Inc.

Nov. 7, 2007 -- As the table at the bottom of the article describes, for its size, land and population, the U.S. has significantly better infrastructure and economic production than China however China has a much stronger industrial base.

Summary Comparison

Analyzing the data the results are that as compared to China the U.S. has:

*2 times the electric and oil production
*10 times the natural gas production
*2 times the per capita telephone/cellphones
*7 times the per capita Internet use
*3 times the density of railways and highways
*16-25 times the density of oil/gas pipelines
*13 times the number of paved airports
*30 percent larger GDP (purchasing parity basis)
*6 times the GDP per capita
*48 percent larger volume of exports (a surprising fact to most people)

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