China: Made “in China”

Matthew Stinson approves of a recent Businessweek article that deflates some of the exaggeration surrounding the threat posed by the Chinese economy, including the fact that many products labeled “made in China” don't come from Chinese companies. “As such, the West, while making demands upon China to open up and shift its growth strategy from exports to domestic consumption, should be conscious of the fact that the Chinese economy needs time to retool and adjust. Move too fast, demand too much, and we run the risk of breaking the Chinese economy, and a sick China could prove far more dangerous to the global economy than an ‘unstoppable’ Chinese behemoth.”

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