China's Growing Economic Power Is Unsettling the Neighbors.

In the Dickensian depths of the Dunia Metal Works here, all is cacophony: the bam bam bam of grease-drenched punches; the rhythmic clank of unspooling steel wire; the storm and stress of glinting, freshly minted nails cascading onto a broad metal table for boxing. But for all the industrial din, Dunia is undergoing a painful slump. Today it runs at 40 percent of its capacity, its domestic nail business imperiled -- and its exports wiped out -- by cheaper Chinese alternatives. [ABSTRACT FROM PUBLISHER]