China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: BubbaFred who wrote (771)	9/17/2003 6:19:01 PM
From: RealMuLan	Read Replies (1) of 6370

Ignorance. They won't win those manufacturing job back, those jobs, if not go to China, will go somewhere else where have cheap labors, and they would lose cheap consumer goods too<g> All these are not China's fault, but due to the short-sighted US economy policy. atimes.com "There is also the matter of institutional profits being skimmed on the goods hitting US shores. For every $1 in product value China receives from exports to the US, that same product is resold in the US retail market at $4-$5. This represents a huge profit margin for distributors and US retail establishments. Morgan Stanley economist Xie estimates that more than $1 trillion of US market capitalization depends on inexpensive Chinese imports. "

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