Growing up I was a big fan of comic books. I loved the super hero’s and arch villains even more. I didn’t lean much for DC comics and the likes of Superman and Flash, but towards the Marvel group with Luke Cage, Black Panther, Iron Man and the Avengers. Although I haven’t picked one up in a while, I do see a new Super Hero or super villain arising on the world stage – China.The way I see it, China is about to move in front of all these rinky dink powers of the G-8 great west delegation. And they doing so with professional criminal without a criminal record accuracy. You can start off with the Yuan. It was devalued for the first time in a decade in 2005 when the changed it from being valued on the dollar to a group of currencies.
Since then, the Yuan has appreciated 6.35 percent against the US dollar and this past July hit a new high against the US dollar given a trade surplus at mid-year projected to be US$100 billion. But that’s not all. If that wasn’t enough, they started attacking our kids via toys. Most of the recently recalled toys (lead or chocking hazards) were made in China (about 75% of U.S. toys are now made in China). And these re dangerous toys after the Chinese get through:” Easy-Bake Ovens that trap children's fingers in openings, resulting in burns; Portable baby swings that entrap youngsters”.
Then there is the toothpaste that has been reported to contain diethylene glycol, a toxic chemical used in engine coolants that has been distributed through the US to hotel chains. Add to this, the recall of some 450,000 tires made by Hangzhou Zhongce of China due to a fault that increases their chances of blowing out while driving causing the driver to lose control.
I tell you, we worried about the middle east when China is on a slow creep to jump over us. It shouldn’t be long, seeing that the trade surplus grows larger each day between US and China, which was estimated at 15 billion with US in august 2006, and their exports increasing yearly. I guess this means a new super hero or super villain is on the block so find some kryptonite.
