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In Turnaround, Industries Seek U.S. Regulations, By ERIC LIPTON and GARDINER HARRIS, New York Times, September 16, 2007
Interesting dynamic with Chinese competition: because the Chinese undercut on both price and safety, U.S. industries see regulation as salvation.
Oddly enough, so will the Chinese over time. The better our regs work upstream on the Chinese, the more we help their economy become more rule-bound.
Good stuff for both sides.
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