The manufacturing sector in the United States is quickly becoming a dinosaur ready for extinction.
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China overtakes U.S. as supplier of IT goods
By David Lague
International Herald Tribune
BEIJING–After almost a decade of explosive growth in its electronics sector, China has overtaken the United States as the world’s biggest supplier of information technology goods, according to a report by the Organization for Economic Cooperation and Development.
Data in the report, to be published on Monday, show that China’s exports of information and communication technology–including laptop computers, mobile phones and digital cameras–increased by more than 46 percent to $180 billion in 2004 from a year earlier, easily outstripping for the first time United States exports of $149 billion, which grew 12 percent from 2003. (more…)
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