the visible hand

it is the theory which decides what can be observed – einstein

China Consolidates Its Lead in Global Trade

Posted by ecoshift on October 14, 2009

China Consolidates Its Lead in Global Trade – NYTimes.com

“Although world trade declined this year because of the recession, consumers are demanding lower-priced goods and Beijing, determined to keep its export machine humming, is finding a way to deliver.

The country’s factories are aggressively reducing prices — allowing China to gain ground in old markets and make inroads in new ones.

The most striking gains have come in the United States, where China has displaced Canada this year as the largest supplier of imports.”

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