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To: PAUL ROBERTSON who wrote (90812)	10/29/2002 12:15:50 PM
From: Ahda	Read Replies (1) \| Respond to of 116790

I agree but it is a very long term scenario you are seeing. Cost is a driving factor in business. Labor costs here and in Japan cannot be compared to those in China. The cost to build a new plant in China could very well be fractional to the cost of upgrading one here. Both Nations attempted to stop an economic slow down. Grace in her posts has clearly showed the FED now realizes that you can't pump up anything. If consumers demand more companies will build to meet the demand. If that demand base does not have an internal drive force and you are acting only as an external supplier there will be some sort of world balancing act that takes place. The US was fortunate in the sense the dollar has been so strong it use outside of the country acted as a buffer to inside inflation.

To: PAUL ROBERTSON who wrote (90812)	10/30/2002 10:04:18 AM
From: Richnorth	Read Replies (1) \| Respond to of 116790

Don't forget it is 700 Canadian dollars a month! That is about $440 in U.S. funds. It is not much by North American standards. But, of course, that is a lot of money for the poor in China. Believe it or not: A highly innocent and trusting young Canadian lady teacher (in her early twenties) in China once asked for assistance in remitting US$500 (she is paid in US $) to her parents in Alberta, Canada. One of her Chinese students volunteered to help her. She gave US$500 to that volunteer. She never saw that student again and her parents never got the money! US$500 translates into about 3,600 Ren Min Bi which is a fortune to some poor folks in China!!!