Redefining the Race to the Bottom

Submitted by andrewshanghai on Fri, 2008-11-21 02:28. ::

This article was aggregated from ChinaSolved 

‘Race to the Bottom’. Just a few months ago it referred to the competition to offer western brands and B2B buyers the lowest possible price on manufactured goods. Now when people say ‘race to the bottom’ they’re probably talking about reaching the bottom of this economic spiral. NY and Washington keep supplying [...]

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