China Watch: Trade Deficit Continues To Soar
As profiled in an earlier post here at the 'Wonks, Mainland China continues to employ a variety of illegal and unethical trade practices.
Those practices continue to pay huge dividends for China in the form of a new record trade deficit. As reported by CNN, China's trade deficit for September was the highest ever. At a whopping 15.5 billion dollars, our trade imbalance with China represents one third of the overall trade deficit.
Sadly, it is our observation that now-a-days the Whole World Is "Made In China."