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Yeah, I had a *wha?* moment, too, but I came across the following information while checking out the [Business Insider](http://www.businessinsider.com/)’s [Chart of the Day](http://www.businessinsider.com/chart-of-the-day). Economists speculate that as the Chinese economy wobbles a bit — because everybody else is wobbling — a number of U.S. states/industries are more exposed to risk than others. They have ranked the states that have the worst exposure to risk from any significant slowdown in China. Of the top ten with the most exposure, Louisiana is fourth, following only behind California, Washington, and Texas.
Here is the relevant info:
> 2008 exports: $3.5 billion
> Exports to China growth, 00-08: 230%
> Top exports: Crop Production, Chemicals, Processed Foods
> Potential loser if China craps out: Dow Chemical Co. (employs 1,700)
> Source: US-China Business Council
To see all the states at risk: here’s the complete (http://www.businessinsider.com/ten-states-about-to-get-murdered-by-the-china-slowdown).
The good news here is that it is far from certain that the Chinese economy will indeed slowdown, nor is it clear how much it will slowdown.
And, yes, I read business magazines. I read them all the time.