China, in vocational psychology dictionary

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Dictionary of Vocational Psychology

China

According to Sshenkar (2005), China is probably already the world's second largest economy and is poised, at current rate of growth, to become the world's dominant economic power, passing the United States within twenty years. Its strategy appears to move to this number one spot in the world economy while maintaining both its focus on labor-intensive industry and research-driven high technology. In addition, it appears interested in asserting increasing global political and military muscle. Many American jobs will be lost to China in coming years, to join those already transferred. Jobs least vulnerable to export include the following characteristics (from Bardhan & Kroll, 2003):

1) jobs with social networking requirements, or those that require face-to-face interaction with the customer

2) have pay that would not be much lower in the overseas location

3) jobs with high set-up barriers, or for which technology cannot be used to span erase the distance

Education no longer provides assurance that one's job is safe from outsourcing.

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