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...China needs many years to restructure its export-dependent economy Why is an economy benefited by exporting what it produces? Because that allows hyper-active full employment and wage dependence. Also, because the money that comes in as the goods go out benefits those who are in it for the money. Without those exported goods the people are poorer, but the money guys are richer. Serve the rich? Barry ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com