----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com> To: <lbo-talk at lbo-talk.org> Sent: Wednesday, November 05, 2003 2:52 PM Subject: Re: [lbo-talk] Superprofits
> 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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