American exports are expected to rise faster than imports over the next five years, with exports to China expected to grow at an annual rate of 7.1% according to an HSBC Bank forecast. Imports from China are expected to grow at a rate of 4.3%. Many cities and states are seeing exports grow at a […]
It’s no secret that China has a long history producing counterfeit goods—back in the 17th century, Spanish priest Domingo Navarrete, remarked that the Chinese had “imitated to perfection whatsoever they have seen brought out of Europe.” But trends in Chinese consumption indicate this practice is losing momentum quickly. In addition to government crackdowns on manufacturers […]
