SINGAPORE (Sept 3): As an import specialist with the US customs in the 1990s, Alex Capri watched the rise of China as an export powerhouse from a front-row seat. “I would see an invoice for containers of shirts coming in from Guangdong in southern China. The invoice value would be US$6 to US$7 [per shirt]. And then, I would see the shirts hanging in a store, and they would be priced at US$30,” recounts Capri, who is now a visiting senior fellow at the National University of Singapore business school.

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