[1rudeboy]

"The US economy is undoubtedly in recession. Many parts of industry are actually in a state worse than recession. If it were not for [Fed governor] Bernanke injecting huge amounts of money, the stock market would probably be down much more than it is," he said.

I hate currency-traders who short the dollar, then find someone in the MSM who helps them trash the U.S. economy.

[Leisler]

Chinese elite are booking the profits and the workers are eating the costs, or in this case, not eating.

Anyways, I could see the US assisting Chinese Commun...er..businessman in putting down popular unrest.

You know, stability and all that.

[snowsislander]

Now boasting 8pc of global exports – three times the Britain's dwindling share – China has jumped up the technology ladder. Machinery, equipment and cars now make up 46pc of total exports, while textiles are fading from the picture.

Making a large totalitarian state wealthy is unwise.

At this juncture, it appears that there is little we can now do to stop Red China from being a vast economic success. With economic success will come political influence --- and the political influence of totalitarian states is not to the benefit of the free world.

[ponder life]

China beats Germany to take world trade crown

The problem with this negative perspective is it is based on outdated paradigms. Many will marvel at "German Engineering" when finding out that Germany is (or was) the largest exporter.

But should we always assume, that China's currency is the sole reason for China becoming the largest exporter? After all, China is 16 time greater in population than Germany. SIXTEEN !!

What should surprising is not that China has surpassed Germany, but that China had not been the largest exporter all throughout the industrial revolution.

Currency issues should be addressed for sure. I'm not debating that. But don't be surprised, even if the currency issue is addressed, that in another 5-10 years, China is several times larger than Germany as an exporter.