After hearing both the pro and con
globalization arguments, my opinion of the matter remains relatively
unchanged. It may be because I don’t
fully understand the anti-globalization argument but I remain firm on my stance
that globalization is beneficial. In thirty years China’s GNP went from $970
million dollars to $970 billion dollars. This is a very substantial increase
that may be attributed to the nation’s acceptance of capitalism and globalization.
As of today, China is gearing up to overtake the United States economically and
far surpasses the amount of exports our nation, well, exports. With China’s
increase in infrastructure comes an increase in the amount of jobs as well as
hourly wage. The average wage has risen more than tenfold in the last thirty
years as the new generation of Chinese citizens have many opportunities that
their parents did not. The quality of life of the average Chinese citizen has
risen so dramatically that the number of immigrants to the United States has
lessened as many choose to remain in their native land. All of these
improvements may be attributed to the globalization China undertook in the
1970s.
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