New data released today shows that despite a global slowdown, China racked up a record $28.7 billion trade surplus last month, a roughly 15% jump from the previous month.

Clearly, China’s mercantilist approach to trade is working quite well for them—no matter that it may come at the rest of the world’s expense.

The EU and WTO have recently voiced concerns over China’s currency manipulation—and with good reason.  But are Sens. Obama and McCain paying attention?  Do they have plans to address China’s market distorting practices?  The U.S. presidential election campaign would seem like a good time for them to talk about it.  ManufactureThis is waiting.

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This entry was posted on Wednesday, September 10th, 2008 at 6:35 pm and is filed under Holding China Accountable. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.