30th ANNUAL INTERMODAL - Tael and Retail: US-China economic relations

By: | at 08:00 PM | Channel(s): Intermodal  International Trade  

In dynastic China a Tael was a measure of currency. Historically, the economic ideal was to retain wealth by exporting goods and importing as little as possible. There was no sense of economic partnership. Eventually, this approach didn’t work out for Chi

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George Lauriat's avatar

American Journal of Transportation