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To: Jim Willie CB who wrote (38464)9/20/2003 1:43:44 AM
From: TobagoJack  Respond to of 74559
 
Hi JW, China and Japan do not compete directly against each other in manufacturing yet. Japanese and Chinese workers compete against each other for labour hours works at any level of pay. Japanese labour will lose. Japanese companies will do OK, because they own China-based factories staffed with Chinese workers.

Japanese companies do not support any revaluation of the Yuan against the Yen.

Chugs, Jay