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Without much fanfare, in 2009 China overtook the U.S. as the world's leading papermaker. They did it in much the same way they became the world's premiere manufacturing beast: innovative engineering, a smart game plan, cheap labor, and massive government subsidies.
Only timely U.S. government intervention on trade with China will forestall the demise of U.S. manufacturing. This is not protectionism, but wise competitive policy.