China Dominates Market Basket

摘要

The source code has changed.rnIn 2008, China - for the first time ever - is the supplier nation of more than half of all the items in the HTT Market Basket.rnFive years ago, about half of all products in the survey were "Made in USA." That 2003 Market Basket showed China producing less than 30% of all items. In 2007 China had expanded that share to 49%,rnshowing its dominance, which has only continued to grow -reaching 53% in 2008.rnFully three-quarters of all the 2008 survey items originated in Asia. Along with China, the nations of India, Pakistan, Taiwan, Thailand and Vietnam combined to supply 76% of this year's Market Basket.rnThe only non-Asian country to show an increase in the survey was Brazil, which drove its wedge from 4% to 7%, clearly due to the new ownership of Springs by Brazil-based Coteminas.