|Spreading Success of the Chinese Economy|
Imports, Exports, and Prices
|Full Article|| If you have an InfoTrac or BCRC access code, click on the appropriate source to login and view the full text article.
Reference ID: A137314937
The Chinese economy, with its cheap labor and consequent cheap exports, is leaving its mark on world trade. On one hand, the Chinese growth has been met with new attempts at protectionism--as witnessed by the recent crisis in a voluntary quota system that went astray. As the quotas were rapidly met, many Chinese manufactured goods ended up stranded in various ports around the world with retail interests clamoring for release of the goods. That struggle between those attempting to protect their own domestic industries and those wanting to purchase the less expensive Chinese goods continues today.
|Source||Conrad De Aenlle, “That Noise in Asia Isn’t Only From China”, The New York Times Online, October 9, 2005.|
|Instructor Discussion Notes|| Discussion
These notes are restricted to qualified instructors only. Register for free!
Return to the International Trade Index
©1998-2005 South-Western. All Rights Reserved webmaster | DISCLAIMER