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Wal-Mart's 'China Price' - Wal-Mart is responsible for approximately 10 percent of the United States' trade deficit with China. ... According to a study by the Economic Policy Institute [PDF], America's balance-of-payments deficit with China (of which approximately $18 billion dollars is created by Wal-Mart) was responsible for the loss of 1.5 million manufacturing jobs between 1989 and 2003.
From Nony


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