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Mass. firms chasing China’s boom

Exports likely to grow as middle class surges

By Erin Ailworth

 |  Globe Staff  

  April 09, 2012

China’s transformation from developing to industrialized nation has already made the Asian giant the state’s third largest export market, trailing only Canada and the United Kingdom, and accounting for nearly $1 out of every $10 in merchandise that Massachusetts companies sell overseas. As China continues to advance - gaining wealth, expanding the middle class, and losing its low-cost labor advantage to newly emerging economies - China’s appetite for technology and other products in which Massachusetts specializes is only expected to grow

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