In the future will China continue to be a major exporter to the USA?
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Whats your opinion on this? My company just had a meeting and he was saying that the cost for us to do business in China has gone up 25% in a year. I guess wages are climbing as well as cost of energy, real estate and basically everything we buy over their. Also in the plastics industry a huge amount of regulations have just been past in the USA that pertain to plastics (My Business). This alone will make it no longer cost effective to manufacture plastics in China. Its now effecting plastics but other business that are export from China are finally being regulated and I think this trend will continue. Already something like 100,000 factories have been closed over their this year.
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Answer:
Absolutely. Two huge nations in a globalized world will always have many things to trade to each other.
Dennis at Yahoo! Answers Visit the source
Other answers
I doubt. With emerging markets like India,Brazil,Mexico China will face a stiff competition to be the no.1 exporter in the world..
Rocky
i think china will continue to be a major exporter because it's the most populous country in the world. 1u.s. dollar= 7 Chinese dollars
Bibian
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