A Voyage in the East

Just wrapping up reading China Inc. Very interesting to read how China is beginning to heavily influence the global economy and is redefining the North American manufacturing sector. Thought came to me that the Chinese economy is going to heavily influence Canadian economic and political life. The manufacturing sector, mostly based in Ontario and Quebec, is going to have a hard time competing against Chinese manufacturing. Simply put, China can do almost anything they can for cheaper and higher quality. Alberta's economy is going to benefit from rising Chinese demand for oil, which will lead to more sales and a higher price. China will likely be one more factor in the gradual and relative shift of political and economic power from the East to the West.