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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (22075)11/19/2004 7:53:38 PM
From: SeaViewer  Read Replies (2) of 110194
 
IMO China knows exactly what it is doing. If it can endure a little inflation to wreck Japan why not?

Actually a lot of Japanese manufactures have moved to China in the last few years. A lot of Japanese are now working in China. The problem for China is the rising price in raw material and oil. Most manufactures in China have very low margin, around 4% net. The rising price in raw material and oil has been eating into their profits.
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