china to the rescue, page-10

  1. Skipperx
    1,605 Posts.
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    12/11/08
    08:14
    Post #: 4489240
    "...China is highly dependent on exports...."

    China is not highly dependent on exports. Exports represent 25% of the Chinese GDP. China has been losing cheap manufacturing to other Asian countries for a number of years (perhaps 5 years) ...to Vietnam, Cambidia, Indonesia, Bangledesh, etc.

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