Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (62204)	11/16/2008 10:05:50 PM
From: Valuepro	of 78411

Yes, to some extent. However, there will be imports to compete with local goods and services, as long as they hold to open markets . Plus the fact that they have to import much of their means of production (iron, for instance), as well as much of the technology they have to use. Last I heard from knowledgeable sources, and it has been a few years, China was behind in technological development, and manufacture of heavy machinery. There may be other areas too, otherwise they would not be considered a developing economy. That aside, and by way of example, the U.S. was self sustaining after WWII, but our wealth in the post war era lifted the rest of the world, did it not?

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