> >How much China's foreign trade ($1 trillion in 04) contributes to
> >high growth rates?
>
> Lots. it's the major driver of Chinese growth, though the internal
> market isn't small.
55% of Chinese exports are done by the foreign funded enterprises. Why the US and the EU don't encourage the development of manufacturing industry in Central and South America in a similar fashion? Higher wage costs relative to China?
Ulhas