International Law

The Truth About US-China Trade.

By Dan

Just came across an excellent article in the Wall Street Journal that starkly highlights how global trade statistics may not always mean what they first appear to mean. The article was written by Andrew Batson and it uses the iPhone as an example of how even something viewed as of the United States can add to the United States' trade deficit with China. I don't ordinarily deal in big-picture economic issues (and I am really starting to resent all the non-economists out there who do so as though it is all really quite simple), but this article so nicely raises important issues that I feel compelled to recommend it.  It's called "Not Really 'Made in China':The iPhone's Complex Supply Chain Highlights Problems With Trade Statistics" and I suggest you check it out and let us know what you think.

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Full post as published by China Law Blog on December 28, 2010 (boomark / email).