REUTERS: Geithner says US-China playing field shifting "a bit"
Posted by scapozzola on 03/29/2012
Treasury Secretary Tim Geithner is more optimistic about U.S. trade with China, Reuters reports:
"We are seeing a very promising shift in the relative competitive position of our two economies," Geithner told a congressional panel, citing a number of companies that have announced plans to move production back from China because of rapidly rising costs.
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