What is the state of U.S. economy today?

What is the truth about China today Consider what you learned about China's past its relations with neighboring countries the state of its economy and how it treats its citizens?

• Answer:

  China has been always regarding US to be its friend and parterner. All the Chinese people are looking forward to Obama's visit to China in November 15. 2009. Military spending PRC's military budget is often mentioned as a threat by many, such as the Blue Team in the United States. The PRC's investment in its military is growing at a fast rate. The United States, along with independent analysts, remain convinced that PRC conceals the real extent of its military spending. According to the PRC government, China spent $45 billion on defense in 2007. In contrast, the United States has a $623-billion budget for the military in 2008, $123 billion more than the combined military budgets of all other countries in the world. Some very broad US estimates, however, maintain that PRC military is roughly spending between $85 billion and $125 billion. According to official figures, the PRC spent $123 million on defense per day in 2007. As a comparison, in 2007, the US spent $1.7 billion ($1,660 million) per day. source from http://forum.globaltimes.cn/forum/showthread.php?t=8200