Archived Blog Post: December 3, 2003
Letter From Asia: China Is Romping With the Neighbors (U.S. Is Distracted): "Most disturbing for the United States, China's surging economy has much to offer America's most important Asian allies. Japan's rebound is being driven by a surge in exports to China. Australia's healthy economy is being kept that way by Chinese investments in liquid natural gas projects. China is now South Korea's largest trading partner."