Don’t post a lot of these, but this is an interesting article which I’m pretty sure is spot on. It’s a short but good opinion piece from the International Herald Tribune.

Rogue Development Aid

My friend was visibly shaken. He had just learned that he had lost one of his clients to Chinese competitors. “It’s amazing,” he told me. “The Chinese have completely priced us out of the market. We can’t compete with what they’re able to offer.”

There’s nothing surprising about that, of course; manufacturing jobs are lost to China every day. But my friend is not in manufacturing. He works in foreign aid.