The idea, according to The Washington Post, is to lure newly-moneyed Chinese, Indian, and Brazilian shoppers to the U.S. The method?

FORBES: U.S. Recession Cure: Import Chinese, Indian and Brazilian Shoppers

Both the Economist and Washington Post recently published detailed articles addressing these issues, and I myself have written about Chinese local innovation in the past.

FORBES: Haier: A Chinese Company That Innovates