Living in another country is great for expanding your cultural horizons and finding out firsthand what other places are like. Vacationing gives you a quick glimpse of a place but usually nothing intimate and you're often seeing nothing more than a tourist attraction. To really get to know a country and its people you have to spend a fair amount of time there. China is a great option for American's because it's so easy to find a job teaching English here. China will allow you to meet friendly people and learn more about a remarkable culture.
If you decide to live in China explore your options. Living accommodations in china are getting better. More and more options are becoming available and the quality is improving substantially. Like most places your living accommodations in China can be anywhere from a luxurious experience to dingy and dull.
Most people teaching in china opt for an apartment stay. Typically these apartments have a balcony, 1 or 2 bedrooms, a living room, kitchen, and bathroom. Some have tiled and or carpeted floor but most floors are concrete. Remember that you're here for a new experience and that not everything is going to be the same as at home. Arrive with no expectations and just let yourself grow and adapt to your new place.
Getting a job should be easy. There are plenty of opportunities to teach English in China . Get online and see what's available or send resumes and cover letters ahead of time and see how many responses you get. Another way to find employment is to search around when you're actually in the country. Spending some time in China before you get a job there allows you to decide if you're sure it's where you want to be living and working. It's a good idea to familiarize yourself with the country before you make your living and employment arrangements.
This experience is something you'll grow and learn from. Remember to search around and check out a few different options. Enjoy your time in China —the time will fly by.