yysj - er

urplus　of　China　amounts　to　＄70　billion，　of　which　＄58.6　billion　from　Sino－US　trade.　With　its　expanding　of　trade　surplus，　its　economic　rapid　growth　continues　for　decades.　At　the　same　time，　Chinese　factories　are　famous　for　dumping　cheap　goods　from　advantages　of　its　low－cost　labors　and　poor　environment　standard.　After　all，　China　is　developing，　much　faster　than　EU，　US，　Japan　or　any　other　major　power　of　the　world.　There　is　no　doubt　that　China　is　regaining　its　strength　and　will　be　a　major　economic　power　in　the　21st　century.

    What　will　China　bring　to　the　globalization　of　economy?　Even　for　a　country　of　1.2　billion　population　and　960　square　kilometers，　there　is　no　unlimited　supply　of　cheap　labor　or　unlimited　tolerance　of　environment　pollution.　However，　the　demand　of　the　1.2　billion　population　market　in　a　fast－growing　economy　could　be　the　powerful　engine　of　the　global　economy　in　human　history.　Some　of　Chinese　key　officials　and　scholars　has　turned　to　pro－deficit　attitude　on　this　debate　and　more　and　more　people　realize　that　China　has　no　responsibility　to　supply　the　world　with　cheap　goods　while　the　living　standard　of　Chinese　people　are　below　average　level.　While　those　booming　Chinese　companies　have　shown　their　appetites　for　raw　materials　on　the　global　market，　the　extravagance　of　Chinese　wealthy　family　in　cities　has　given　hopes　to　global　manufacturers.