While out and about doing workshops Econblog #1 has been fielding more and more questions about China from teachers concerned with a number of things China-related. Specifically, teachers are asking when China is finally going to own the entire United States of America. The usual Econblog #1 response to this line of questioning...Fear not brave teachers, China has a long way to go before they own your school, your car, your pet dog Larry.
Yes, China is growing rather quickly and they are investing more and more in the United States. But you know what? They don't just have eyes for us. They are in fact investing heavily in many parts of the world. Don't believe me? Take a look at this.