Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.
July 19, 2013 at 10:18 AM
Vote: Does China matter to your company?
In Sunday’s Seattle Times, I’ll be writing about the potential sea change that might emerge from China’s determination to rebalance its economy from one heavily dependent on exports and investment to one with much more consumer spending and service jobs. That means settling for slowed growth. It’s unclear how the winners and losers will shake out worldwide, including in Washington. We’ve been a rarity among American states: A net winner since China’s entry into the World Trade Organization; we even run a trade surplus. If Beijing can stay the course, China’s reboot will shake a world accustomed to the nation’s double-digit growth.
So if you’re willing, tell me how China figures into your business:
Read on for some of the business and economy stories you might have missed this week and the haiku:
This Week’s Links:
• How to make better trade agreements | Joseph Sitglitz/Project Syndicate
• What makes U.S. health exchanges so complicated | NYT Economix
• Peak oil is dead! Long live peak oil! | Noahpinion
• Detroit failed because it didn’t do what cities do | Bloomberg
• Slow second-quarter growth: The shadow of the sequester? | Econobrowser
• Where do older workers work the most? | Economist’s Views
• Middle class still left behind in recovery, data show | Washington Post
Today’s Econ Haiku:
Investors are not amused
Look for stop button