New Market in China

President Carter opening up trade with China and giving them Most Favored Nation status was good for both the US and China. Trading with the US allowed new technology to flow into China that China wouldn't have been able to develop on their own. It also allowed China to eventually compete for business in US markets when their technology and industry picked up. The United States opened up a market of over a billion people that it could trade with. This also helped them fight communism by improving capitalism worldwide with increased trade and more markets to buy and sell to.