The Most Popular American Companies in China | Fox Business

The jobs discussed below used to be in America, now they are creating a Chinese middle class that competes for money, energy, everything on the world market. It's driving up prices worldwide, while driving down wages.

So what was that about a "world market" being a good thing?

The Most Popular American Companies in China | Fox Business:

China’s population in 1960 was 667 million, more than double that of the United States in 2010. China now has 1.34 billion residents. The increase would not matter much to companies if the population was still largely rural and poor, as it was half a century ago. But, in fact, the manufacturing industry that has become the engine of China’s GDP growth also has rapidly built a huge middle class, one made up primarily of factory workers. And this middle class continues to grow.