US Exports to China Boom

As China's economy grows, money is refining the Chinese palate and American products are flowing into Chinese markets like never before. Milk, soybeans, nutspractically everything. 

What's the Latest Development?


China's economic growth over the last decades has increased its citizens' buying power and those citizens are increasingly buying American. Much of the growth has occurred in the food market: China's prosperity has created a higher demand for beef, fed on US soybeans; families' concerns over milk safety in China have seen US milk exports rise; the Chinese economy has almost single-handedly revitalized the struggling pecan market in the South. "Overall, U.S. exports to China are up nearly 50 percent in value since 2008."

What's the Big Idea?

Despite the rise in exportsup an astounding 468 percent since 2001, when China joined the World Trade Organizationa large American trade deficit persists, supported in large part by cheap Chinese labor. Many American politicians also accuse the Chinese government of maintaining an undervalued currency, making the cost of Chinese goods cheap relative to imports. China's 'trade policies, licensing laws and investment rules' give it unfair advantage in international trade, say American business leaders. In 2011, America's trade deficit with China was $295 billion, $22 billion higher than the year before.

Photo credit: shutterstock.com


How getting in sync with your partner can lead to increased intimacy and sexual desire

Researchers discover a link between nonverbal synchronization and relationship success.

Pixabay
Sex & Relationships
  • Scientists say coordinating movements leads to increased intimacy and sexual desire in a couple.
  • The improved rapport and empathy was also observed in people who didn't know each other.
  • Non-verbal clues are very important in the development stages of a relationship.
Keep reading Show less

How humans evolved to live in the cold

Humans evolved to live in the cold through a number of environmental and genetic factors.

Image source: Wikimedia Commons
Surprising Science
  • According to some relatively new research, many of our early human cousins preceded Homo sapien migrations north by hundreds of thousands or even millions of years.
  • Cross-breeding with other ancient hominids gave some subsets of human population the genes to contend and thrive in colder and harsher climates.
  • Behavioral and dietary changes also helped humans adapt to cold climates.
Keep reading Show less

Setting a maximum wage for CEOs would be good for everyone

Could this be the long-awaited solution to economic inequality?

Apple CEO Tim Cook looks on during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. (Photo by Justin Sullivan/Getty Images)
Politics & Current Affairs

Under capitalism, the argument goes, it's every man for himself. Through the relentless pursuit of self-interest, everyone benefits, as if an invisible hand were guiding each of us toward the common good. Everyone should accordingly try to get as much as they can, not only for their goods but also for their labour. Whatever the market price is is, in turn, what the buyer should pay. Just like the idea that there should be a minimum wage, the idea that there should be a maximum wage seems to undermine the very freedom that the free market is supposed to guarantee.

Keep reading Show less