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China's Piece of the Pie


Via Marshall Jevons at the Bayesian Heresy, I was turned on to a passage of James Fallows' sprawling China Makes, the World Takes article in the latest Atlantic Monthly. Jevons pulls out a portion of the story which makes you stop and think about all the things we get from China, and where that money goes. Here's a hint: it's a good thing (for the Chinese) that we consume their manufactured goods in such massive quantities:

In case the point isn't clear: Chinese workers making $1,000 a year have been helping American designers, marketers, engineers, and retailers making $1,000 a week (and up) earn even more. Plus, they have helped shareholders of U.S.-based companies.

Jevons also points to a fascinating slideshow highlighting lots of fascinating stuff about this one "manufactured" Chinese manufacturing metropolis.

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