Tuesday, April 30, 2019
Write a topic for this essay Article Example | Topics and Well Written Essays - 500 words
Write a topic for this essay - Article ExampleGoldleaf Jewelry is focusing on increasing its revenue later on it registered $21 million profit in the last three quarters of 2013 (The Wall Street daybook 1).This development has several implications on the get together States economy. Firstly, the entry of the Chinese company into the United States oil industriousness means that there is foreign currency that shall land into China courtesy of the investment. This means that United States pull up stakes lose some resources than it used to get when the United States based company, ERG resources was the one in charge of the oilfields. They be likely to bring some of the Chineses technocrats at the expense of the jobless citizens in the United States. This reduces the employability of the Americans. Another aspect is that China is rising very fast as an economic superpower, threatening the space taken by United States for years. With the entry of China into United States may create a n impression to the realness that China is the force to reckon with.As much as the Chinese company may obligate to the regulations, there is a potential risk that they may overexploit the resource hence causing a fast exhaustion. This issue may result to depletion of United States oil reserves in the near
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