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Thu 13 May, 2010 02:39 am
Quote:Of course, such a plan would have an immediate cost for Chinese producers and American consumers. Chinese production methods are now much more carbon-emission-intensive than American methods, so the plan would probably raise the average price of Chinese imports. The alternative, however, is to try to force the Chinese to adopt binding carbon caps similar to those considered in the United States. But that would also raise the Chinese imports’ price.
"Chinese imports' price" means price of goods imported from China, right?