Mongolia Chinas Reach Arms Length

December 5, 2012
In this July 6, 2012 photo, excavation continues at the Erdenes Tavan Tolgoi coal mining facility in southern Mongolia. Fully 90 percent of Mongolia's exports - coal, copper, cashmere and livestock - go to China, which in turn sends machinery, appliances and other consumer goods that account for a third of Mongolian imports. The rising trade with China now amounts to three-fourths of Mongolia's economy, one of the highest ratios in the world, according to an Associated Press analysis of IMF trade data. (AP Photo/Andy Wong)
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