U.S. Deficit in Manufactures Surges 19%-- Could Lead to Job Loss
August 20, 2014 at 09:08 AM EDT
“China is clearly pursuing an export-led growth strategy to stimulate lagging GDP growth, including very large official foreign currency purchases to lower the exchange rate, and is achieving robust industrial growth, much if not most of which is for export,” said Ernest Preeg, MAPI Foundation senior advisor for international trade and finance. read more