Travel and Tourism U.S. China Compare and Contrast USA & China -- Implications of Political Change Statistics indicate that now more than ever tourism is booming among the Chinese, with Chinese tourists numbering just under 41 billion in 2007, a number that was up 18.6% from the previous year (Xola, 2008, p.2). Roughly 90% of those tourists traveled within other Asian countries, with just 3% traveling to U.S. destinations (Xola, 2008; Roy,

U.S. China BRIC Auto Market Should GM Invest in China? The world has been moving away from the Western dominance that has held it for the past several centuries for the past few decades. As the world's largest populations grow economies to match, the United States and other G6 nations will dwindle in influence. This means that companies need to invest heavily in the BRIC nations if they are to compete globally in

Fueled by massive inflows of foreign direct investment, rising exports, and one of the highest personal savings rates (around 40% of GNP) in the world, this exceptional economic performance has translated into a tripling of per capita incomes. A better material existence is apparent from the provision of food, clothing, and housing for the vast majority of China's 1.3 billion people to the widespread availability of basic consumer durables

China-U.S. bilateral relationship The past one decade of the 20th century has witnessed dramatic fluctuations in the China-U.S. relations. For instance, the Taiwan Strait led to several summit meetings to take place in Washington and Beijing to decide the fate of the countries. Additionally, the decade ended with the relationship facing serious challenges including a U.S. congressional investigation on the contribution of the Chinese government to the U.S. campaigns (Huang 2000).

U.S. Macro economy economy which was considered to be the world's largest has still not been able to recover completely from the financial crisis and resulting recession that hit in 2008. At the national level, spending increase to more than 25% of GDP in 2010, later in 2011 gross public debt exceeded 100% of GDP. The process of recovery for U.S. economy in the first quarter turned out to be weaker

8 billion. The Occupation authorities also helped the Japanese government overcome postwar economic chaos, especially rampant inflation, by balancing the government budget, raising taxes and imposing price and wage freezes, and resuming limited foreign trade" (Kesselman et al., 203). The U.S. aid not only helped to rebuild the country, but also ensured that Japan was stable enough so that renegade seedlings of Communism or comparable institutions didn't suddenly flourish. The