Monday, December 3, 2012

Video part 2

In class today I figured out there was another part to the video we were watching about China. In class today we finished up the first part of the video and moved onto the second part which included more information on how China was developing  Today in class the video started talking about auto mobiles in China. In the 1950's there weren't people riding cars everywhere it was basically people riding their bikes to wherever they want because typically people would not go far beyond where they were born. It also talked about how it was helping the people and the bad in which came with the country developing cars. This you could say might be a plus for America because they are having their insurance company go out to China and make business there. This could be a very great investment for American insurance companies or it might be a financial disaster, but they have to understand that in China making an investment is over a long period of time not a couple of years. We also learned how it is dangerous to drive in China because most people are new drivers and they do not know what they are doing. Another fact in which we learned is the way they are building their roads by people that have no money and are willing to do the labor.

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