Does "race to the bottom" fit the low price goods Made In China?

來源: halfdummy 2011-06-06 08:13:43 [] [舊帖] [給我悄悄話] 本文已被閱讀: 次 (654 bytes)

Unfortunately, this phrase reminded me the goods made In China. From a language point, does "race to the bottom"  fit the many low price goods Made In China, exported or not exported?

Just saw a news from WSJ:

Geithner Wants Global Rules on Derivatives

Geithner is calling for new global standards on derivatives trades, warning that failure to coordinate internationally would lead to a "race to the bottom" as companies seek out jurisdictions with the weakest rules.

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