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 How has trading with China led to or helped pave the United State current economic status? (2)

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CrystalMcGee(5) pic



How has trading with China led to or helped pave the United State current economic status?

All thoughts welcome as to how trading between the United States and China has paved the current (2012) economic status.

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China makes things cheaply and at the beginning, the dollar held a lot of sway there, so it did help us achieve easier material gain. On the other hand, as it became easier to ship businesses, manufacturing, and even computing jobs to the Middle Kingdom, we lost hundreds of potential jobs and profits from taxing exports. So it's a double edged sword I guess.

The trade with China has produced plenty of inferior products being imported to America.