Here we go again.In the Washington Post's 'Wonkbook,' Dylan Matthews trumpets the tired old canard that American consumers benefit from the low price of Chinese imports.
The August trade figures are out and they are not good. The terrible trade deficit is where the jobs and the economy went but is ignored because it makes a few elites wealthy. more »
The New York Times' Keith Bradsher reports that China's domestic economy has been stumbling of late due to a slowdown in construction and a sluggish retail market.
Last fall, we pondered whether Apple could start building iPads and iPhones in the U.S. Our conclusion was, YES, Apple could indeed start assembling products in the U.S.
Recently, China has dumped a flood of subsidized OCTG (Oil Country Tubular Goods) steel pipe into the U.S. market. Known as OCTG pipe because it is used for the extraction of oil and gas, this pipe has flooded the U.S. market and, from 2006 to 2008 alone, the volume of these imports increased by 203 percent. more »
On the heels of President Obama's trip to China, Carolyn Bartholomew, the chair of the U.S.-China Economic and Security Review Commission, and Clyde Prestowitz, the president of the Economic Strategy Institute, discuss how the United States should respond to the Chinese economic juggernaut. more »
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President Obama is home from China and the U.S.-China Economic and Security Review Commission today releases its 2009 report to Congress. What have we learned? That we need to pay attention because we’re getting schooled. more »
This week, Barack Obama trips to China as part of an eight-day trip to Asia. The White House paints a full agenda: Afghanistan, human rights, North Korean nukes, climate change, trade relations, and the economy. But it's really just the economy, stupid.
"Vandalism" screams the cover of The Economist, depicting President Obama leaving an ice pick in the tire of free trade. (No racial overtones there; after all, as the president explained, he was black before he was elected.)
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