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China's Trade Surplus Reaches Record High 23 Billion »
Posted by: Neophile 2 years, 7 months agoChina said today that its trade surplus with the rest of the world skyrocketed to a record $23.8 billion in October in the latest sign of this country's phenomenal economic rise.
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Neophile
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Comments: 2
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JenMurdock
Nov. 9, 2006, 12:58 p.m.That sucking sound we hear is the money being vaccumed up over here and sent to China. I thought Communism was a 'bad' thing? You should see how they treat their workers over there, more like slaves, really. THEY really need a change of government before they start getting all this capital. Although, come to think of it, is economic freedom is a precursor to social freedom? Maybe they'll get enough money to institute a government change from stifling communism to less stifling capitalism and democracy and more freedom for the Chinese people.
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JenMurdock
Nov. 9, 2006, 5:45 p.m.Wow, what apathy, no one else commenting! I guess it's not obvious what harm this trade surplus imbalance is doing to the US dollar's value and our lackluster economic performanc.
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