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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (26369)12/19/2002 10:02:46 PM
From: elmatador  Read Replies (1) of 74559
 
pressure on China to strengthen its currency to help U.S. manufacturers

U.S. mulls pressing China to strengthen yuan

20 December, 2002 09:49 GMT+08:00

By Adam Entous and Anna Willard

WASHINGTON (Reuters) - Some of President George W. Bush's aides are considering stepping up pressure on China to strengthen its currency, which would help U.S. manufacturers, but the effort could be scuttled by others in the administration who oppose taking an active role in currency matters.


asia.reuters.com

<<I thought buying UAL planes and Global Crossing would be enough!! Pretty soon the AFL-CIO, the Unions of Germany and Sweden will be inviting some worker class -potential- hero to teach him to defend workers 'rights'. Things like 35-hour week. 'Sick' leave. Paternity leave and 36 days of holidays per year. The ignorant mass will buy it 'con gusto'

Then this workers class hero return to China and raise the workers unions and stop the economic growth. Years later this working class hero will become president of a China completely Kaput!! His Name may be the Chinese equivalent of Luis Inacio Lula da Silva, Brazil's new president. <ggg>

We know the script!!>>
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