Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (65556)	6/28/2005 7:10:58 AM
From: TobagoJack	Read Replies (2) of 74559

EP, <<1) That tariff proposal ? 2) CNOOC - bidding too high ?>> First on 2, too high for what price per barrel? and even more interestingly, is the USD worth anything? Second on 1, the tariff will do the unintended, because if it does get a go, the Chinese/Overseas Chinese-owned companies will flow outward in larger still quantities to do still more change all around. Interestingly, a guy with garment factories in China and one in Mauritius just reported that his factory in Mauritius is staffed with 25% mainland Chinese workers imported on 3 year contract, and the 25% produces 75% of the output and the 75% locals produce 25% of the output. How do folks think the overseas Chinese of SEAsia, consitituting 3-5% of the local population, came to own 90+ % of the economy? Being daunted officialdom dictate? No. Chugs, J

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