Thursday, April 22, 2010

Chart of the Day: US Exports to China, Then and Now

From the Council on Foreign Relations comes this eye-opener:

There are a lot of things that can be inferred from these charts, but for now, I'll just throw one thing out there: it's probably rather difficult for a country whose manufacturing sector specializes in capital-intensive, high-tech goods (like aircraft, satellites, supercomputers, etc.) to really penetrate a certain foreign market when that country prohibits (rightly or wrongly) its exporters from selling many such goods there.

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