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Economy of China

Date Submitted: 09/09/2006 22:37:48
Category: / Social Sciences
Length: 3 pages (900 words)
China Could you imagine being a leader of the largest importing industry? One day your leading the world in imported goods sold and the next second your not. The country of China is ballooning U.S. trade and is becoming a major source of global deflationary. In the past year China passed it's competitor, Japan in large imports sold to Canada. "The world needs to wake up and smell the coffee that China's providing," says, …
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…a fraction of the cost of those in most other countries and has acted as a magnet for Western companies looking to drive down costs. In closing the growing country of China is projected to lead in the next ten years in the field of imports. If we wish to compete with them we must do as they are and that's drive prices down. Thank you for reading the following, I hope you've learned something.
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