There are several major differences:
1. Property is privately held in the US (though the US government does own substantial amounts of land, especially in the western US); in China, all land is nominally owned by the government, which issues "use contracts" (usually of 70 year duration) to companies and private citizens. This is a primary source of income for many municipalities (especially where land values are very high, such as in Shanghai) that lets them keep taxes relatively low.
2. While companies in the US are generally completely private or completely government-controlled (such as Amtrak or the Postal Service), many "State-Owned Enterprises" in China are controlled by the government yet openly traded on the Stock Market and have a great deal of private investment.
3. There are fewer labor regulations in China than in the US; minimum wages are generally much lower, and the "social welfare" system is still in it's infancy.
4. The Chinese economy is protected by tarriffs (which make importing high-end consumer goods such as electronics and cars very expensive) and a tightly controlled currency with exchange rates set by the central bank.
China is a communist country. America isn't
There is over a billion people in China. America doesn't have that many.
The standard of living in China is very low. There are still people who earn 5.00 or 10.00 a month. America doesn't have that.
Chna is located in Asia. America is located in North America.
China is thousands of years old. America is only 200 hundred years old.
What is the time difference between Memphis TN and China
Much too LARGE and COMPLEX a question to be answered on this venue.
The difference is the spelling.
china is bigger
There is no time difference between Singapore and China.
One difference between America and Germany is that America has separate states and Germany does not. Another example of a difference between Germany and America is that the native tongue in America is English and in Germany it is German.
There is a six hour time difference.
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no
The time difference between Riyadh and Beijing is five hours. China is 5 hours ahead of Saudi Arabia.
Aztecs lived in central Mexico in a different time period than the Inca's. the Incas lived in the Andes mountains of south America
What are the difference between France and America?What are the difference between France and America?