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PAGE C1 China's Economic Muscle China's stronger status as a world trader leaves the Japanese worried about maintaining their traditional industrial superiority.
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In the real world, traders go long (or short) indexes of credit-default swaps and hedge with the individual names or vice versa.
Across the world, traders are trying to find their place and a rhythm in what professionals are referring to as a "trader's market".
But China's total for the year, $1.4 trillion, moved it past Japan into third place among world traders, behind the United States and Germany.
China started its courtship of what was to become the WTO in 1986, hoping that sheer ardour (and a bit of shared history with other world traders) might produce a quick yes.
"I think it goes back to my parents who were raised in the Depression, and for them money is an off-limits subject," said Lowell Jaffe, 38, the chief executive of New World Traders, a fashion accessories manufacturer based in Chicago, of his reluctance to discuss financial matters.
Under this convenient formulation, the consumer -- that one-dimensional economic actor beloved of world traders and food marketers -- trumps the citizen, and the corporation can pretty much do what it wants so long as it enjoys the consent of the shopper.
In this high-pressure world, traders turn over quickly.
In the old world traders were required to send every order to a registered broker-dealer who passed it along to an exchange or executed it themselves.
World Traders Steel For A Fight 05.17.02 Japan joins Europe in promising to retaliate for the U.S. protection of its steel industry.
One must agree world trade and world traders and of course, nations who benefit most from such trade must find ways to alleviate some of the negative impacts.
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