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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (137213)	6/21/2004 1:29:05 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 281500

<"It is the United States' most lopsided trade relationship, with US imports from China [US$152 billion] outpacing exports to China [$28 billion] by more than 5 to 1 ... At the same time, US firms continue to invest heavily in China, moving manufacturing capacity and, in some cases, research and development along with this investment," the report says.> This is so dopey. It doesn't matter that there's a trade surplus with China. What matters is the global positions of countries. Money goes around. It's not just a two way street. It goes from USA to Saudi Arabia to Japan to China to New Zealand to the USA. The money always adds up on the bottom line, because it doesn't just disappear. China is doing really well because they've ditched some of their more absurd Maoistic ideas. Mqurice