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Friday, August 29, 2014
Revival of American Economy Doesn't Count on Traditional Re-industrialization
ANBOUND

To deal with financial crisis, the Obama administration published its re-industrialization strategy in 2009. Judging from the real situation of American economy, half of this strategy is successful, while the other half is making little progress. ANBOUND research team points out that the revival of American manufacturing industry is revival of advanced manufacturing industry at a higher level. However, the revival in some traditional areas of manufacturing industry, such as steel and automobiles, is still very slow, and even may not be achieved.

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