Copper, Chinese Growth Declines Catalyse Market Concerns
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Tim Mulholland, Managing Partner of China-America Capital Company in Chicago, discusses:
- US supplanting China as top destination for Japanese exports;
- AlixPartners estimating by 2015 the cost of outsourcing manufacturing to China will be equal to the cost of manufacturing in the U.S.;
- US foreign policy - Japanese Prime Minister Shinzo Abe’s campaign to revive Japan's economy by relying more on the US than China;
- Copper declines - barometer global economy - implications as indicator of global economy.
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