Posted on 08/26/2009 7:02:14 AM PDT by buzzer
China's rise as the world largest exporter, though significant, does not mean Chinese exports will be of as high a quality as Germany's goods, experts said.
The Chinese government should seriously consider ways to improve the quality of goods for export and create more value-added products to strengthen its competitiveness, they said.
For the first time, China took the lead as the world's export champion, surpassing Germany by a minimal amount in the first half of the year.
A report released yesterday by the World Trade Organization (WTO) shows that from January to June, China exported goods worth $521.7 billion. Germany, which has been the world's biggest exporter since 2003, exported goods worth $521.6 billion.
(Excerpt) Read more at english.people.com.cn ...
To all those using the term Chicom....
In the current issue of Forbes, Ken fisher says the correct term is Neo-feudal fascists. China is no longer communist.
Heh. What's the difference? Got any example where it ever didn't end up this way?
but if you show up on the radar screen, they might get their claws in.
Kinda the opposite of what bama's doing here, taking over only the failing companies and banks!
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