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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: The Phoenix who wrote (8213)5/25/2000 6:39:00 PM
From: wizzards wine  Read Replies (3) of 9427
 
Hi Gary, Only time will tell, but given that 95% of the software in China is bootleg...and they can make quality goods at a lower price, I find it difficult to see why they would want to spend more for US goods that they can copy...

Yes copy, as patent and copyright protection in China, at least at this point in nonexistant...

Those millions of low paying jobs, are going to be buying CHEAP CHINESE made goods...their average daily wage if they are lucky is $3.00 ...that is per day and not I think $4.25 per hour minimum as in the US...

Anyway, it's clear that we see their future differantly...Make no mistake, I see China as the largest threat to our US way of life if and when they straighten out the social/political mess. If and when the Chinese machine starts to churn, they will give all comers a run for their money...

Later

Preston
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