Emerging Markets' New World Trading Order

Emerging Markets' New World Trading Order
AP Photo

Manzhouli's success story is being re-created again and again across the emerging world. Flows of goods, people and capital among major developing economies are becoming a larger and larger source of exports, jobs, financing and economic growth for these up-and-coming nations. The trend — a move away from trade and investment flows dominated by Western consumer demand — could reshape the world economy.

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