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| Economy |
| U.S. manufacturers are leaving China behind |
| 2011-06-01 |
| The United States exported more goods and services in March than in any single month in its history: $172.7-billion (U.S.) worth. It was the country’s 21st consecutive month of rising exports, pushing the year-over-year increase to 20.9 per cent. In these 12 record-setting months, exports reached within one-tenth of 1 per cent of $2-trillion – more than four times the cost of the country’s imports of crude oil. |
| Posted by:tipper |
| #9 Slip of the finger- Skin. Scooter I still believe the way to go would be the Aussies. They have done very well in this part of the world. That has caught the eye of the Chinese. While Europe and the States have suffered the Aussies have done very well with Asia. The only problem they have had is the biblical flood recently. To my knowledge that is. |
| Posted by: Dale 2011-06-01 21:30 |
| #8 I visited Viet Nam right after they opened up for tourists with US passports, back in 1993. The people were very gracious and friendly, and many were seemed remarkably pro-America (especially in the south). Chinese support for Ho Chi Minh during the war was strictly an alliance of convenience, as far as I can tell. There is no love lost between the Vietnamese and Chinese, (see Sino-Vietnamese War of 1979). Also wherever I traveled the anti-American sentiment among ethnic Chinese across east Asia was palpable. Personally, I would be all for an economic American-Vietnamese alliance against China and their toxic crap exports. |
| Posted by: Scooter McGruder 2011-06-01 20:04 |
| #7 I know China has been shipped outrageous amounts of coal. Japan needs to rebuild so lumber I'm certain is in demand. That's my thoughts on that. Even the Chinese people are upset with the quality of products that they manufacture. Vietnam is having many issues with products shipped in now from China. Clothing that is dyed is eating the shin when they sweat. Even sandals are doing the same thing. They can only wear clear or white materials. This news is from Vietnam and is about a month old or so. Brazil has offered one company no taxes to locate there( about 400,000 jobs). The Australians have an excellent rapport with the Chinese I would watch them in this area of the world. The Chinese people want more of everything. This is a dragon that will be hard to ride. It all could just pop!. |
| Posted by: Dale 2011-06-01 19:19 |
| #6 Trade Deficit in U.S. Widened in March on Oil Imports The trade gap rose 6 percent to $48.2 billion, the biggest since June, from $45.4 billion in February |
| Posted by: Zebulon Thranter9685 2011-06-01 18:01 |
| #5 If the Vietnamese Communist Party can kill off the endemic corruption in the country, Vietnam would be a good offshore location for many types of light industrial production now centered in China. It would highly ironic to have a united Communist Vietnam as a stalwart ally against ChiCom expansionism in the region. |
| Posted by: Shieldwolf 2011-06-01 15:37 |
| #4 With the tainted toys, milk and bugged Cisco items made in China there is a backlash starting. I know lots of people that are starting to look at where stuff is made, and if it says "China" they put it back on the shelf and get something else. If the Chinese don't clean up their acts, both with better manufacturing regulations and trying to stop stealing our stuff and IP, they world will go elsewhere. India is looking pretty good right now and even Vietnam is courting western companies to make and ship goods from their country. |
| Posted by: DarthVader 2011-06-01 12:17 |
| #3 I'm certain our government will find a way to subsidize communist Chinese imports Nah, not subsidize. That's what they have the EPA for. |
| Posted by: gr(o)mgoru 2011-06-01 04:55 |
| #2 I'm certain our government will find a way to subsidize communist Chinese imports in order to ....."level the playing field." [snark off] |
| Posted by: Besoeker 2011-06-01 03:52 |
| #1 MARCH EXPORT MADNESS versus * FREEREPUBLIC > 40 SIGNS THAT THE CHINESE ECONOMY IS BEATING THE LIVING DAYLIGHTS OUT OF THE US ECONOMY. |
| Posted by: JosephMendiola 2011-06-01 03:24 |