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Multinational and domestic factories in China export growing numbers of cars to other emerging markets, particularly in Asia.
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They must become more competitive in order to export, grow and ease their debt burden.
Companies that export grow faster, pay higher wages, and pay more workers.
Yet India's beef industry has flourished, with exports growing tenfold in the past decade.
With exports growing more slowly than domestic consumption, the economy is becoming inward-focused and unproductive.
Trade came to dominate the economy, with exports growing by more than 20percentt a year.
By contrast, consider a national economy that finds one of its major exports growing rapidly.
The surplus in trade alone expanded 35.5percentt, with exports growing 13.7percentt and imports rising 7.9percentt.
"In an ideal world we would like to see exports and imports growing at relatively strong rates, but with exports growing even faster than imports," said Mr. Yingst.
Monthly trade figures for July showed exports growing at a 14% annual rate, whereas imports grew by 5%.
Only exports growing at a 25% rate over the next three years can save us.
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CEO of Professional Science Editing for Scientists @ prosciediting.com