[lbo-talk] Superprofits

Doug Henwood dhenwood at panix.com
Wed Nov 5 14:52:56 PST 2003


andie nachgeborenen wrote:


>Wouldn't the US capitalist class do
>much better, collectively, if China were rich and
>buying boatloads of goods made by US companies?

Japan has been selling lots of capital equipment to China. Little appreciated fact: China is running a large trade surplus only with the U.S. Except for the U.S., Chinese trade is roughly in balance.

Doug



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