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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 457.82+1.3%Jan 23 4:00 PM EST

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To: Elroy Jetson who wrote (51596)6/20/2009 5:54:49 PM
From: elmatador1 Recommendation  Read Replies (1) of 219669
 
This may give you a better idea of Keynesian China: "Chinese vendors- ZTE and Huawei continue to pump in enormous sums in global expansion and R&D, with the latest being ZTE clinching of another $10 billion credit line deal with the China Exim Bank, weeks after it bagged a $15 billion credit line deal with the China Development Bank in 1Q09, all that when western vendors were struggling with large drops in revenues and margins in Q1 2009, said a report by Ovum"

That's USD25 billion just like that!

One of the reason I am with UNITEL is because I am going to manage Huawei. The experience I gain here I am going to apply to in the future working for enterprises that will be purchasing from the Chinese vendors...

That means Nokia-Siemens, Ericsson and Alcatel will be toast soon.
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