Andrew Butter took a look recently at US ownership in China's export sector and concluded that blaming China for the trade deficit or for the value of the US dollar against the yuan is, well, circular.In 2007 about 25% of China's exports went to USA; which is about the ratio of FDI investment. I suspect that a large proportion of those exports were US Corporations, or companies de-facto controlled by US Corporations.Butter takes an interestnig look at free trade zones and US investment in China.


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Posted by: Wendy    Source

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