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Wednesday, June 23, 2010

Marx Awakens as China Rises

Good article about rising automation in China and the affect this will have on the economy.

Three points that were not included:

1. China's productivity is rising every year.
2. China has established an ecosystem in some areas. Suppliers, etc. that makes production more efficient their.
3. Decreased cost of automation makes it possible to move some manufacturing back to the US. As does the cost of transportation.

Marx Awakens as China Rises - The American Interest.



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