Erik Autor Quotes

Larger U.S. retailers have recognized for a number of years that the domestic market is mature. In order to grow sales, they have to look outside of the U.S.. China, however, is a big emerging opportunity.

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As you get closer to the election, the likelihood that Congress is going to be able to pass legislation, particularly on what might be viewed as partisan or difficult issues, diminishes.

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China is expected to eliminate some key restrictions by January of 2005. Earlier, companies with a market cap of under 2 billion could operate in China only with a local joint-venture partner. This will no longer be valid.

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This huge middle class has a lot of disposable income. It's also hungry for Western-branded goods. Wal-Mart early on found this fact to be very profitable.

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We have absolutely no evidence that shows that the China safeguards have had any beneficial impact on the U.S. textile industry in terms of increasing orders and production.

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