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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (55659)11/6/2004 8:13:10 PM
From: energyplay  Read Replies (2) of 74559
 
Hi Yiwu - Two other sides of this:

1) How did these "importers" get credit to purchase goods from the A/R and finance people ?

How long has that importer been in business - and who owns the importer ? Wouldn't be anyone who happens to be friends with maybe local politicians or other factory investors...

Russain style 'capitalism' comes to China...

2) Think that royalty will get paid for EVERY unit produced - or just some of them....maybe the royalty will get paid after the "importer" pays...

3) How did this grow to 100 Billion ? Did someone hire Enron's finance people ?
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