Here comes the Chinese consumption wave

Here’s the kind of prospective phenomenon that makes an economist giddy: the Chinese love to shop, and somebody’s going to have to supply the product to scratch that itch. Could a Chinese consumption wave right the US/China trade imbalance. Some hope so. Although if it’s not Buicks or iPods, I’m not sure what consumer goods American companies make that aren’t already made in China. In fact, iPods probably are made in China anyway.