30th
July
2005
CAFTA, Central America, and China
posted in Global Concern |
In Honduras are many Chinese manufacturing facilities. CAFTA drops trade barriers with Honduras. Besides WalMart, who benefits? There are people in Honduras with jobs and companies in China with revenue, so all in all I’d say the people of Honduras benefit because they have more jobs, and Venezuela benefits by getting a new hard cash customer (China) for oil exports. It is probably more complicated than this.
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