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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (38969)9/29/2003 11:03:45 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Haim, I have good, bad and possibly ugly news for you, depending on your point of view, and your enthusiasm for inevitable progress under the guidance of free-market and small government :0)

Message 19354365
China’s reserves reach record $364.7bn

Message 19354367
China rethinks "go-for-growth" strategy
“…The new strategy determines that growth must be "comprehensive, co-ordinated and sustainable", indicating a more selective approach than that defined by Deng Xiaoping, architect of China's reforms. The late Mr Deng's mantra that "development is the core truth" was used to endorse any project, irrespective of the social impact …”

Message 19354369
Chinese groups to boost PTA production
“…The proposed new plants, mainly in Zhejiang province, near Shanghai, could see China manufacturing about half of the global output of purified terephthalic acid (PTA) by 2006, up from just a quarter in 2000.…”

Message 19354371
Foreign investors eye Chinese farming
“…"China can be Asia's farm and kitchen," says Ian Neeland, an Australian agronomist based in China who has just launched a project in Xinzhou county, near Taiyuan.
For many countries already rattled by China's emergence as the manufacturing "workshop of the world", the prospect that it could also become a significant farm exporter will be unwelcome news…”


…and no, the Final Solution ala nukes will not be suitable for stopping China’s 800 million peasants from engaging in ‘obviously unfair competition’ in the agricultural area where they are all working without the benefit of minimum wage, aided by a ‘obviously unjust’ low exchange rate, and possibly even have some children doing some work over their summer school holidays.

Chugs, Jay
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