Subscribe to our free, weekly email newsletter!



Learning from China’s export success

By Patrick Burnson, Executive Editor
August 06, 2010

The World Trade Organization is now lending its support to the fight against protectionist temptations of the kind that inevitably put governments under pressure in times of economic downturn.

“We have sought to do this by ensuring transparency in the measures taken by them to respond to the crisis,” said WTO Director-General Pascal Lamy. “I believe that although the record is not perfect, we have helped to keep significant outbreaks of protectionism at bay.  These efforts will become even more importat if there is any faltering in the recovery or if high levels of unemployment persist for too long.”

In some economies, including China, he noted, stimulus packages have been instrumental in preventing further deterioration in output while paving the way to recovery, even at the cost of inflating public deficits. Many developing countries have not been able to afford bailout packages for their ailing industries or stimulus packages, or the expansion of social safety nets to those who have lost their jobs.  Hence, most economies in the world, both developed and developing, urgently need other sources of growth — sustainable engines of growth.

“This is where trade can be an important part of the story, in the long-run as well as in the short to medium-term,” noted Lamay.

We agree that this is certainly a lesson we can draw from China’s remarkable export successes.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

While it feels somewhat hard to fathom, the stage is set for the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio, Texas.

Carload volumes were up 1.4 percent at 300,388, and intermodal volume for the week ending September 13 was up 5 percent at 279,052 trailers and containers.

Company says the Cloud offering allows customers to respond more quickly to new business opportunities, without significant upfront cost and implementation times.

As e-commerce continues to take a bigger piece of the holiday package delivery pie, it stands to reason that companies need to be proactive and prepared in order to deliver premium service during the busiest time of year, which is rapidly approaching. And that is exactly what transportation giants UPS and FedEx are doing this year. How are they doing it exactly? The primary step they are taking is to up their numbers of seasonal staffers.

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Article Topics

Blogs · Trade · Exports · China · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA