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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (36652)	7/28/2003 12:01:53 PM
From: RealMuLan	Read Replies (2) \| Respond to of 74559

CHINA WATCH: Yuan Policy May Make Inflation Fresh Risk By James T. Areddy Monday July 28, 12:31 PM SHANGHAI (Dow Jones)--China, so often accused of foisting deflation on the rest of world, itself now faces inflation risks. sg.biz.yahoo.com

To: RealMuLan who wrote (36652)	7/28/2003 1:06:14 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Thanks for your useful information about Western companies outsourcing knowledge work to China. Previously I had just assumed that Indians had a permanent and decisive advantage since English is a native language for Indian intellectuals and it isn't for Chinese. Thinking harder about it now, I realize that this applies mostly to programmers, not to back office clerical tasks, where a certain subset of English will do. Anyway because of your post I am directing my investments away from India toward the more rapidly growing economy.