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Considering that China exports consumer goods to the USA and imports mostly US Treasury notes, etc......I am not exactly ready to cry DOOMM!  Perhaps WalMart thinks otherwise.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jun 23rd, 2009 at 03:32:27 PM EST
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considering that a lot of Chine imports and exports are done by Western multinational companies looking for the cheapest regulatory framework to do the dirty work...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Jun 23rd, 2009 at 04:07:56 PM EST
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this could be a trade war that has the unintended consequence of re-internalizing factors that multi-nationals had worked so hard to "externalize."  But they should be able to find some place else to trash.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jun 23rd, 2009 at 10:29:28 PM EST
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I'm certain China is shaking in their boots.  I'm watching a rerun of Star Trek TNG; the Federation is fighting the Borg.  China makes a good Borg.

In the end, might makes right. Nothing has changed since the caveman.
by THE Twank (yatta blah blah @ blah.com) on Tue Jun 23rd, 2009 at 04:28:01 PM EST
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