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Professor Yea-Mow Chen on trade deficit with China

News + Events : Professor Yea-Mow Chen on trade deficit with China

08/15/2007

Yea-Mow ChenFinance
Professor Yea-Mow Chen comments on America's trade deficit with
China as a fast-growing Chinese economy has created double-digit
inflation, especially for food, stating, "meat prices, egg
prices, those have been rising by 20% -- 15% -- and some of them
by 25%. So the living standards or the cost of living have been
changed, much, much higher than before." ABC-7
News
8/14/07


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