China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1285)	11/8/2003 1:57:22 PM
From: RealMuLan	Read Replies (1) of 6370

China presents trade challenge for companies U.S. manufacturing shrinking By Craig Wolf Poughkeepsie Journal NEWBURGH -- America's factories are having trouble from two governments -- ours and China's -- a speaker from the National Association of Manufacturers told a mid-Hudson audience Friday. From Beijing, America needs a willingness to play by international trade rules. From Washington, what's needed is fewer rules overall, said Patrick Cleary, senior vice president of the group. His listeners were about 100 members and guests of the Council of Industry of Southeastern New York, gathered at the Powelton Club here for the council's annual luncheon. The nation's manufacturing base is strong but shrinking, and it can't go on this way forever without consequences affecting everyone, Cleary said. ''If the manufacturing continues to shrink at its present rate, the critical mass will be lost and the innovation will shift to other countries,'' Cleary said. Then, the American standard of living will drop. poughkeepsiejournal.com

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