2008-04-09 00:00:00 by
posted by Pantha in
...cheap goods from China could be over. Here's why: Chinese inflation
We don't want to get into heavy economics, but here's what we can break Slate's take down to. Raw material costs are going up, the Chinese renminbi is appreciating, Chinese wages are going up, and importers' (the people who buy goods to sell to us) negotiating position are...