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China's trade model is about to be "stress-tested"

Original post made by The Party's Over, Crescent Park, on Jul 24, 2008

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Poor policy vision has kept us tied to oil. Here's another price for that poor vision.

Comments (1)

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Posted by Anonymous
a resident of Another Palo Alto neighborhood
on Jul 25, 2008 at 4:49 pm

History has many examples of nations who were the low-cost producer moving up the food chain. America was once the low-cost manufacturing site, Japan after WWII. If a nearby producer can undercut China because of transportation costs, they will just shift their product mix.


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