Outline

I. Introduction

       

        A. Thesis Statement

    The real fact behind the event that America is enforcing China to raise exchange rate is eager to open China's Financial Markets.

        B. List of [at least] Three Subtopics

    1. U.S. trade deficit with China

    2. China sets its exchange rate lower than dollar   

    3. Allow "Wall Street" to access to China's Financial Market   

II. Background Information

      

       A. Fact 1    U.S. trade deficit with China

       B. Fact 2    U.S. manufacturing greatly declined

       C. Fact 3    Falling incomes and raising unemployment in the labor market

       D. Fact 4    Political election is coming     

III. Supportive Evidence

      

       A. Fact 4

    America seemingly wants China to allow the yuan to rise 21%-40%, but China would not do that. because China did a yuan test that if China allowed the yuan to rise 3%-5%, all the factories in China would go bankrupt without any profits. China knows the situation. Of course, the White House also know this.      

      B. Fact 5

    The political election is coming. The commom people in America think that China setting exchange rate reseult in Ameican unemployment. The democratic party wants to win the president election, so they seemingly meet the requirement of the common people.

      C. Fact 6

    According the research in exchange rate, China setting exchange rate has nothing to do with the unemployment in America.

IV. Refutation

      

       A. Opposing Argument

    Due to the China sets the exchange rate, lots of U.S companies can not compete with cheap Chinese goods must either lower their costs or go out of business, adding to U.S. unemployment.

       B. Refutation of Opposing Argument

    A lower standard of living, which allows companies in China to pay lower wages to workers.

       C. Second Refutation (if necessary)

    There is no medical insurance for normal workers.

V. Conclusion

      

       A. Thersis Statement
      The real fact behind the event that America is enforcing China to raise exchange rate is eager to open China's Financial Markets.

       B. Closing Sentence
    China may become the second Japan in 90s, experiencing Great Depression