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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: elmatador who wrote (100238)4/21/2013 9:29:28 AM
From: arun gera  Read Replies (3) of 217617
 
>What can the Chinese clique do now that The model (exporting China's way out of poverty) is exhausted?>

A $1 clothing item from China sells at $20+ in USA. The $19 is circulated in US. If Chinese companies can cultivate good designers and improve branding, there is 20 years of profits ahead.

Similarly, South Korean cars were horrible 25 years ago. Now they are almost on par with Japanese and American cars and the pricing is almost there too. I believe the Chinese cars (Geely) etc are much better than Korean cars of 25 years ago.

In computers, Lenovo took over the unprofitable business of IBM and has kept it alive. Now IBM has sold Lenovo its Windows server business too.

Foxcomm is one of the biggest and adept assembler of electronics. The Post PC world is generating more devices than ever.

I am sure that there are hundreds of other Chinese companies in their own niches that are almost world class.

-Arun
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