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May 18, 2005
U.S. Warns China About Currency
If you do business with China, you might want to consider a currency hedge.
In less than a decade, China has emerged as a manufacturing powerhouse and an indispensable source of low-price goods - toys, furniture and electronics, among others. The expiration on Jan. 1 of global textile quotas has flooded world markets with Chinese apparel.
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Posted on May 18, 2005 02:26 AM by Busine59.
Filed in Office Max! under business news.
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