I remember the days when Asians loved everything American. Now that they make most of our stuff, they're not so impressed.
"The only U.S.-produced items that I can think of that exist in large quantities in China are dollar bills," said Matthew Crabbe, the managing director of Access Asia Ltd., a market research firm.
NY Times Article
This trend disturbs me greatly. IBM's PC division is now a Chinese corp. US brands like Ford and GM are near death. Boeing has serious competition from Airbus. Levis and Coke are apparently falling out of fashion. What does that leave us? Microsoft? Oh, my.
How can this possibly bode well for our economic future?
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