In addition, the next 10 years are expected to bring dramatic changes to the iron and steel market. This photo dated 1909 shows British mountain climber George Mallory, who died while scaling Mount Everest in 1924. A mobile service station housed in a tent will be home to a new post office located at the Mount Everest Base Camp. The mail will be transported down the mountain with the weekly garbage trucks. A man uses a traditional method to separate cotton at his home in the suburbs of Beijing.
Cotton prices are likely to drop, experts say.
Anticipated domestic oversupply coupled with a decline in cotton prices on the international market will further dampen the cotton value in the Chinese market, the experts say. North Korea may be trying to break out of its self-imposed isolation. With two visits to China in six months, Hiroko Imamura discusses the two countries' economic relationship and what North Korea may really want. China's WTO accession has been hung up on agricultural subsidies. John Gershman argues that the U.S. negotiating posture has prevented meaningful dialogue on the issue, thus further damaging U.S.-China relations.