The Instigator
DenisR
Pro (for)
Tied
0 Points
The Contender
Tminusfour20
Con (against)
Tied
0 Points

the U.S. are adapting better than China to exploit new market opportunities

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Voting Style: Open Point System: 7 Point
Started: 3/26/2015 Category: Economics
Updated: 2 years ago Status: Post Voting Period
Viewed: 420 times Debate No: 72360
Debate Rounds (3)
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DenisR

Pro

the US continues to lead with innovation and use technology to develop new products and markets such as Apple IPhone and IPAD .
Tminusfour20

Con

China has been recently investing heavily into new African markets. China has been wisely investing in Africa do to the booming population of 200+ million people between age 15-24 who are becoming larger and more educated.(1) Because Africa is expanding to become a large population of young, educated working class people, China is investing heavily into the economic and domestic growth of developing African nations in order to exploit more market opportunity and increase trade and profit. (2) China has surpassed the US in African trade totalling $198.5 billion, while U.S.-African trade in 2012 was $99.8 billion. By investing in the economic growth already set in place, China has a the ability to create new business opportunities and prosper in new markets that have no yet been ventured.



(1) http://www.africaneconomicoutlook.org...
(2) http://www.brookings.edu...

Debate Round No. 1
DenisR

Pro

You are saying that China is adapting to new market opportunities by investing in Africa. Do you know how much they invested in Africa ? Do you have an example where this strategy was successful and China became a market leader by investing into Africa? This could be similar to what the USA did when they started investing into China in the 60' and 70's.
If I understand what you are saying, Africa will replace China as the no.1 mass producer of low price electronics. I don't think Africa has the infrastructure and human resources China had when the USA invested into China.

Although the first VCR and DVD players were developed and manufactured in the US, China started mass producing and selling at very low prices so that every household had al least one VCR and later one or more DVD's.
Looking at his, one could say China did a better job than the US at exploiting this new market opportunity.
So how did the USA adapted to the new reality of China becoming very successful at manufacturing electronics? The new eality was that a home movie player was very cheap and most household could own one or several.

Now look at how much a typical household will spend today on DVD players, perhaps $200: more than likely made in China. Then how much do they spend on movies they buy or rent to play in their DVD players. Not unusual to see 100+ DVD"s libraries per household. Say $15 per DVD, then $1,500. Most of these DVD"s are produced by Hollywood or Disney in the USA.
Similar story with PC"s vs. the operating software and applications. Hardware is made in China, software in the USA.

The USA has demonstrated one more time that they can adapt quickly to changing market conditions and remain the leader.
Tminusfour20

Con

Tminusfour20 forfeited this round.
Debate Round No. 2
DenisR

Pro

DenisR forfeited this round.
Tminusfour20

Con

Tminusfour20 forfeited this round.
Debate Round No. 3
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