Ties between America's and China's economies are already under pressure, following the tire import duties announced last September. The additional preliminary duties on Chinese wire decking have further inflamed tensions.
Wire decking reinforced with structural supports is designed for industrial and other commercial storage rack systems.
The U.S. Commerce Department says that from 2006 to 2008, wire decking imports from China increased nearly 50 percent, topping more than 300 million dollars in 2008.
As China has opened up to the world, more companies and jobs have become available. However, China has found that it’s still lacking talent, whether it’s generating new ideas in research labs or managing employees in the office. Biz Wire takes a closer look at this challenge facing China’s economic development.