WSJ: Glut of Chinese Goods Pinches Global Economy
By
LINGLING WEI,
BOB DAVIS and
JON HILSENRATH
In the rubber-tree fields of Southeast Asia, planters are scrambling to cut prices for their latex fast enough to keep customers in China happy. In the U.S., tire distributors are marking down prices and some are cutting staff as China floods the U.S. with discounted goods from unneeded factories.
