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by Greg Cruey on September 14, 2009
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.
© liangjinjian
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.
© liangjinjian
Permalink: Who Owns China's Export Sector?
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/161502
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Vote for Who Owns China's Export Sector?:
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Rating: 7.00 out of 2 vote(s) cast.
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Response from:
Lance Singh
(09/14/09 5:18am)
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